Why the Fortescue (ASX:FMG) share price is under pressure
Jaz Harrison
September 2, 2021
The Fortescue Metals Group Limited (ASX:FMG) share price is coming under pressure as the iron ore price collapses.
ASX dividend shares are some of the best in the world, given their yield and the fact that many Australian companies offer their dividends with franking credits.
Below, you’ll find share research and analysis on some of Australia’s best (and worst) ASX dividend shares, stock ideas and the latest news from Rask Media — delivered daily.
The Fortescue Metals Group Limited (ASX:FMG) share price is coming under pressure as the iron ore price collapses.
The Pacific Current Group Ltd (ASX:PAC) share price is up 11% on news of a potential initial public offering (IPO) of GQG Partners.
The Metcash Limited (ASX:MTS) share price will be on watch after revealing a strong trading update for FY22.
September 2021 could be the month to buy these leading ASX dividend shares. One good idea is Brickworks Limited (ASX:BKW).
Harvey Norman Holdings Limited (ASX: HVN) share price will be on watch this morning after the company delivered 75% growth and repaid $6 million in Jobkeeper.
The Dicker Data Ltd (ASX: DDR) share price has capitulated 19.5% in the past two trading days after founder David Dicker sold $42 million of shares.
The Fortescue Metals Group Limited (ASX:FMG) share price has jumped 5% after the miner’s big final FY21 dividend and result.
I think the Wesfarmers Ltd (ASX:WES) FY21 result proved that the business is one of the best ASX blue chip shares out there.
The IOOF Holdings Limited (ASX: IFL) share price took a tumble today, ending the day 10% lower as the market reacted to FY21 results.
The Fortescue Metals Group Limited (ASX:FMG) share price is coming under pressure as the iron ore price collapses.
The Pacific Current Group Ltd (ASX:PAC) share price is up 11% on news of a potential initial public offering (IPO) of GQG Partners.
The Metcash Limited (ASX:MTS) share price will be on watch after revealing a strong trading update for FY22.
September 2021 could be the month to buy these leading ASX dividend shares. One good idea is Brickworks Limited (ASX:BKW).
Harvey Norman Holdings Limited (ASX: HVN) share price will be on watch this morning after the company delivered 75% growth and repaid $6 million in Jobkeeper.
The Dicker Data Ltd (ASX: DDR) share price has capitulated 19.5% in the past two trading days after founder David Dicker sold $42 million of shares.
The Fortescue Metals Group Limited (ASX:FMG) share price has jumped 5% after the miner’s big final FY21 dividend and result.
I think the Wesfarmers Ltd (ASX:WES) FY21 result proved that the business is one of the best ASX blue chip shares out there.
The IOOF Holdings Limited (ASX: IFL) share price took a tumble today, ending the day 10% lower as the market reacted to FY21 results.
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