Fortescue Ltd (ASX: FMG) Share Price and News
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Fortescue Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
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as at 24 Feb 3:44pm
Fortescue Ltd (ASX: FMG)
Latest News
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Frequently Asked Questions
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Fortescue Metals traditionally pays twice-yearly, fully franked dividends, usually in February/March and September/October each year. The miner has a policy of returning 50%-80% of its net profit after tax to shareholders as dividends.
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Yes. Fortescue offers shareholders residing in Australia and New Zealand the option of either full or partial participation in its dividend reinvestment plan.
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Fortescue listed on the ASX on 19 March 1987.
Dividend Payment History Data provided by Morningstar.
Ex-Date | Amount | Franking | Type | Payable |
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04 Sep 2024 | $0.8900 | 100.00% | Final | 27 Sep 2024 |
28 Feb 2024 | $1.0800 | 100.00% | Interim | 27 Mar 2024 |
04 Sep 2023 | $1.0000 | 100.00% | Final | 28 Sep 2023 |
27 Feb 2023 | $0.7500 | 100.00% | Interim | 29 Mar 2023 |
05 Sep 2022 | $1.2100 | 100.00% | Final | 29 Sep 2022 |
28 Feb 2022 | $0.8600 | 100.00% | Interim | 30 Mar 2022 |
06 Sep 2021 | $2.1100 | 100.00% | Final | 30 Sep 2021 |
01 Mar 2021 | $1.4700 | 100.00% | Interim | 24 Mar 2021 |
31 Aug 2020 | $1.0000 | 100.00% | Final | 02 Oct 2020 |
02 Mar 2020 | $0.7600 | 100.00% | Interim | 06 Apr 2020 |
02 Sep 2019 | $0.2400 | 100.00% | Final | 02 Oct 2019 |
22 May 2019 | $0.6000 | 100.00% | Special Cash | 14 Jun 2019 |
28 Feb 2019 | $0.1100 | 100.00% | Special Cash | 22 Mar 2019 |
28 Feb 2019 | $0.1900 | 100.00% | Interim | 22 Mar 2019 |
31 Aug 2018 | $0.1200 | 100.00% | Final | 02 Oct 2018 |
01 Mar 2018 | $0.1100 | 100.00% | Interim | 05 Apr 2018 |
01 Sep 2017 | $0.0000 | 100.00% | Final | 03 Oct 2017 |
02 Mar 2017 | $0.2000 | 100.00% | Interim | 06 Apr 2017 |
02 Sep 2016 | $0.1200 | 100.00% | Final | 04 Oct 2016 |
02 Mar 2016 | $0.0300 | 100.00% | Interim | 07 Apr 2016 |
01 Sep 2014 | $0.1000 | 100.00% | Final | 03 Oct 2014 |
27 Feb 2014 | $0.1000 | 100.00% | Interim | 02 Apr 2014 |
02 Sep 2013 | $0.1000 | 100.00% | Final | 04 Oct 2013 |
07 Mar 2012 | $0.0400 | 100.00% | Interim | 02 Apr 2012 |
05 Sep 2011 | $0.0400 | 100.00% | Final | 30 Sep 2011 |
08 Mar 2011 | $0.0210 | 0.00% | Interim | 31 Mar 2011 |
FMG ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
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YesNo |
About Fortescue Ltd
Fortescue Metals Group Limited (ASX: FMG) is an iron ore production and exploration company in the Pilbara region of Western Australia. It is the fourth largest iron ore producer in the world after BHP, Rio Tinto, and Brazilian mining giant, Vale.
As one of the world's largest iron ore producers, Fortescue owns and operates integrated operations spanning the Chichester, Solomon, and Western mining hubs, the five-berth Herb Elliott Port and Judith Street Harbour towage facility in Port Hedland, and the fastest heavy haul railway in the world.
Fortescue was first publicly listed in 1987 and is now ranked as one of the largest companies on the ASX.
FMG Share Price History Data provided by Morningstar.
Date | Close | Change | % Change | Volume | Open | High | Low |
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04 Dec 2024 | $19.70 | $0.27 | 1.39% | 5,580,091 | $19.70 | $20.06 | $19.54 |
03 Dec 2024 | $19.43 | $0.39 | 2.05% | 6,273,853 | $19.40 | $19.64 | $19.28 |
02 Dec 2024 | $19.04 | $0.05 | 0.26% | 4,036,202 | $18.99 | $19.24 | $18.96 |
29 Nov 2024 | $18.99 | $0.29 | 1.55% | 4,778,692 | $18.73 | $18.99 | $18.51 |
28 Nov 2024 | $18.70 | $0.05 | 0.27% | 4,136,914 | $18.65 | $18.81 | $18.61 |
27 Nov 2024 | $18.65 | $0.35 | 1.91% | 4,614,784 | $18.39 | $18.70 | $18.37 |
26 Nov 2024 | $18.30 | $-0.08 | -0.44% | 3,708,535 | $18.60 | $18.64 | $18.27 |
25 Nov 2024 | $18.38 | $0.07 | 0.38% | 11,300,207 | $18.60 | $18.78 | $18.37 |
22 Nov 2024 | $18.31 | $0.20 | 1.10% | 6,934,116 | $18.07 | $18.52 | $18.05 |
21 Nov 2024 | $18.11 | $0.36 | 2.03% | 5,515,461 | $17.87 | $18.15 | $17.81 |
20 Nov 2024 | $17.75 | $0.00 | 0.00% | 4,937,502 | $17.94 | $18.05 | $17.75 |
19 Nov 2024 | $17.75 | $-0.20 | -1.11% | 9,625,440 | $17.88 | $17.91 | $17.54 |
18 Nov 2024 | $17.95 | $0.22 | 1.24% | 6,951,032 | $17.93 | $18.00 | $17.70 |
15 Nov 2024 | $17.73 | $-0.21 | -1.17% | 5,971,855 | $17.86 | $18.00 | $17.67 |
14 Nov 2024 | $17.94 | $-0.35 | -1.91% | 6,239,861 | $18.20 | $18.24 | $17.92 |
13 Nov 2024 | $18.29 | $0.15 | 0.83% | 9,044,129 | $18.14 | $18.38 | $18.02 |
12 Nov 2024 | $18.14 | $0.02 | 0.11% | 9,485,403 | $17.90 | $18.75 | $17.75 |
11 Nov 2024 | $18.12 | $-1.43 | -7.31% | 13,811,468 | $18.76 | $18.85 | $18.12 |
08 Nov 2024 | $19.55 | $0.05 | 0.26% | 9,415,455 | $19.98 | $20.30 | $19.51 |
07 Nov 2024 | $19.50 | $0.62 | 3.28% | 6,997,131 | $19.03 | $19.50 | $18.97 |
06 Nov 2024 | $18.88 | $-0.21 | -1.10% | 6,062,180 | $19.25 | $19.26 | $18.80 |
05 Nov 2024 | $19.09 | $-0.13 | -0.68% | 4,916,744 | $19.19 | $19.37 | $19.04 |
Director Transactions Data provided by Morningstar.
Date | Director | Type | Amount | Value | Notes |
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27 Sep 2024 | Penelope (Penny) Bingham-Hall | Buy | 3,364 | $55,499 |
Dividend Reinvestment Plan (DRP).
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27 Sep 2024 | Mark Barnaba | Buy | 2,174 | $35,866 |
Dividend Reinvestment Plan (DRP).
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27 Sep 2024 | Larry Marshall | Buy | 102 | $1,682 |
Dividend Reinvestment Plan (DRP).
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05 Sep 2024 | Larry Marshall | Buy | 3,800 | $60,607 |
On-market trade.
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03 Sep 2024 | Elizabeth Gaines | Exercise | 41,840 | $740,568 |
Conversion of securities.
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03 Sep 2024 | Elizabeth Gaines | Buy | 41,840 | $740,568 |
Conversion of securities.
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03 Sep 2024 | Elizabeth Gaines | Expiry | 9,624 | $170,344 |
As advised by the company. Lapsed, 41,840 Rights
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03 Sep 2024 | Elizabeth Gaines | Sell | 41,840 | $750,442 |
On-market trade.
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29 Aug 2024 | Mark Barnaba | Buy | 268 | $4,982 |
On-market trade.
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29 Aug 2024 | Larry Marshall | Buy | 4,635 | $86,164 |
On-market trade.
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27 Mar 2024 | Penelope (Penny) Bingham-Hall | Issued | 2,496 | $64,641 |
Dividend Reinvestment Plan (DRP).
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28 Feb 2024 | Larry Marshall | Buy | 1,900 | $50,519 |
On-market trade.
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Directors & Management Data provided by Morningstar.
Name | Title | Start Date | Profile |
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Mr John (Andrew) Henry Forrest | Non-Executive ChairmanNon-Executive Director | Jul 2003 |
Mr Forrest is a business leader and philanthropist. Through Fortescue, Tattarang and Minderoo Foundation, Dr Forrest is dedicated to leading the world to address the climate crisis and step beyond fossil fuels through green metals and green energy. In 2013, Dr Forrest was appointed by the Australian Government Department of the Prime Minister and Cabinet to lead the country's response to tackling indigenous disparity, leading to the Forrest Review's publication in 2014. Dr Forrest is also Co-Chair of the Australia-China Senior Business Leaders Forum and a Board Member for the Boao Forum. He is also a member of Finance Committee.
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Ms Penelope (Penny) Bingham-Hall | Non-Executive Director | Nov 2016 |
Ms Bingham-Hall has over 30 years of experience in senior executive and non-executive roles in large ASX listed companies. She is Chair of Vocus Group and Co-Chair of Supply Nation and a Non-Executive Director of Fortescue. She is also the Deputy Chair of both the Advisory Council of the Climate Governance Initiative, Australia and the Salaam Foundation. Ms Bingham-Hall has worked in the construction, infrastructure, mining and property industries across Australia and the Asian region. She has interest in environmental sustainability, workplace safety and indigenous employment. Prior to becoming a company director, Ms Bingham Hall was Executive General Manager, Strategy at Leighton Holdings (now CIMIC) - Australia's largest construction, mining services and property group. As part of the leadership team at Leighton she had responsibilities across the group's Australian and Asian operations. She is also a member of Safety and Sustainability Committee.
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Lord Sebastian Coe | Non-Executive Director | Feb 2018 |
Mr Coe is the Non-Executive Chairman of CSM Sport and Entertainment, within the Chime Communications group as well as Non-Executive Director of Vitality Health Ltd and Allwyn Entertainment AG. He was elected President of the International Association of Athletics Federations in 2015 (now World Athletics) where he is driving governance reforms through the organization and its 214 Member Federations around the world. He is currently serving his second term as President. He was elected as a member of the International Olympic Committee in 2020 and became a director of the British Olympic Association at that time, having previously served as Chairman of the British Olympic Association from 2012 to 2016.
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Mr Mark Bradley Barnaba | Non-Executive DirectorLead Independent DirectorNon-Executive Deputy Chairman | Feb 2010 |
Mr Barnaba brings international experience as an entrepreneur, corporate advisor and independent director for organisations across the finance, technology, infrastructure, natural resources, sports administration and education sectors. He has diverse experience at board level in both the for-profit and non-profit sectors. Mr Barnaba was previously on the Board of Australia's central bank, the Reserve Bank of Australia (RBA), for two terms, and is a former Chairman of the Audit Committee of the RBA. He has previously chaired several publicly listed Australian companies within the mining and infrastructure sectors along with chairing non-profit organisations and was a former Chairman of the State Theatre Company of Western Australia, the West Coast Eagles (AFL team) and Williams Advanced Engineering (UK based offshoot of the Williams F1 team). He is Chair of Finance and Risk Management Committee and also member of People and Safety and Sustainability Committee.
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Dr Larry Marshall | Non-Executive Director | Aug 2023 |
Dr Marshall was Chief Executive of the CSIRO from 2015 to June 2023, Prior to joining the CSIRO, Dr Marshall co-founded and led a number of biotech and venture capital companies and has served on the boards of numerous high-tech companies operating in the US, Australia and China. Dr Marshall is currently the Chair of the American Chamber of Commerce (AmCham); a board member of the Governing Council of the Australian National University; an adviser for the Australian Governments Circular Economy Ministerial Advisory Group; and a Committee member of the COVID-19 Vaccines and Treatments for Australia Science and Industry Technical Advisory Group, which provides advice to the Australian Government on the purchasing and manufacturing of COVID-19 vaccines and treatments. He is also a member of Safety and Sustainability Committee.
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Ms Elizabeth Anne Gaines | Executive Director | Feb 2013 |
Ms Gaines is an experienced business leader, Ms Gaines has international experience in all aspects of financial and commercial management. Ms Gaines has experience in the resources sector and exposure to the impact of the growth in Asian economies, particularly China, on the Australian business environment and economy as well as understanding of all aspects of financial and commercial management at a senior executive level in both listed and private companies. Ms Gaines has exposure to the drive to transition to green energy and has been a key driver of the goal to decarbonise Fortescue's mining operations by 2030.
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Dr Jean Baderschneider | Non-Executive Director | Jan 2015 |
Dr Baderschneider brings 35 years of international experience in supply chain operations and procurement, strategic sourcing and logistics management, along with a deep understanding of high-risk operations and locations and complex partnerships. She also has global experience in safety, security and environmental operations and sustainability stewardship. She is the Chair of Safety and Sustainability Committee.
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Ms Yifei Li | Non-Executive Director | Aug 2022 |
Ms Li is the President of the QiBin Foundation and currently serves on the board of BlackRock China. Ms Li was a Global Trustee of the Rockefeller Foundation and was an Independent Board member of GAVI (The Global Alliance for Vaccines and Immunisation) from 2012 to 2018 and was formerly the Country Chair for Man Group in China, one of the world's largest hedge fund managers. Before joining Man Group, Ms Li had over 18 years of senior management experience, having successfully led the expansion of several multinational companies in China, including Viacom, MTV networks and VivaKi of Publicis Group.
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Ms Usha Rao-Monari | Non-Executive Director | Jan 2024 |
Ms Rao-Monari is a senior infrastructure investment professional with over 25 years of experience leading investment platforms and departments within asset investment and management organisations. She has held various leadership positions in the United Nations, Blackstone Group, Global Water Development Partners, and the International Finance Corporation. She is also a member of Safety and Sustainability Committee.
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Mr Noel Pearson | Non-Executive Director | Aug 2024 |
Mr Pearson is the founder of the Cape York Partnership, an organisation promoting the economic and social development of Cape York in Northern Queensland, the founder of Good to Great Schools Australia, dedicated to lifting education outcomes for all Australian students, and the Cape York Land Council.
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Mr Dino Otranto | Chief Executive Officer | Aug 2023 |
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Ms Navdeep(Mona) Gill | Company Secretary | Jul 2024 |
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Dino Otranto | Chief Executive Officer |
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Mark Hutchinson | Chief Executive Officer Fortescue Energy |
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Shelley Robertson | Chief Operating Officer |
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Navdeep(Mona) Gill | Company Secretary |
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Apple Paget | Group Chief Financial Officer |
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Top Shareholders Data provided by Morningstar.
Name | Shares | Capital |
---|---|---|
HSBC Custody Nominees (Australia) Limited | 1,479,703,054 | 48.06% |
J P Morgan Nominees Australia Pty Limited | 290,350,329 | 9.43% |
Valin Investments (Singapore) Pte Ltd | 228,007,497 | 7.41% |
Tattarang Pty Ltd | 176,522,507 | 5.73% |
Citicorp Nominees Pty Limited | 139,367,622 | 4.53% |
Emichrome Pty Ltd | 93,045,000 | 3.02% |
Valin Resources Investments (Singapore) Pte Ltd | 37,876,216 | 1.23% |
BNP Paribas Noms Pty Ltd | 31,572,883 | 1.03% |
BNP Paribas Nominees Pty Ltd | 20,414,540 | 0.66% |
Pacific Custodians Pty Limited | 19,870,700 | 0.65% |
National Nominees Limited | 19,305,297 | 0.63% |
Citicorp Nominees Pty Limited i | 17,600,389 | 0.57% |
Pacific Custodians Pty Limited i | 15,165,269 | 0.49% |
BNP Paribas Nominees Pty Ltd i | 13,612,508 | 0.44% |
HSBC Custody Nominees (Australia) Limited i | 12,245,069 | 0.40% |
Invia Custodian Pty Limited | 8,244,951 | 0.27% |
Citicorp Nominess Pty Limited ii | 5,188,830 | 0.17% |
HSBC Custody Nominees (Australia) Limited ii | 4,446,793 | 0.14% |
Mr John William Cunningham | 4,000,000 | 0.13% |
HSBC Custody Nominees (Australia) Limited iii | 3,939,825 | 0.13% |