Fortescue Metals Group Ltd ( (AU:FMG) ) just unveiled an announcement.
Fortescue Metals Group Ltd has announced the allocation price for its Dividend Reinvestment Plan (DRP) at $16.1763 per share for the interim dividend of A$0.50 per share, payable on March 27, 2025. This announcement reflects the company’s ongoing commitment to shareholder value, with shares expected to be issued to participants on the same date, potentially impacting shareholder returns and market perception positively.
More about Fortescue Metals Group Ltd
Fortescue Metals Group Ltd is a leading company in the mining industry, primarily focused on the extraction and production of iron ore. It operates in the global market, with a significant presence on the Australian Securities Exchange.
YTD Price Performance: -9.77%
Average Trading Volume: 4,936
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $30.8B
For detailed information about FMG stock, go to TipRanks’ Stock Analysis page.