Fortescue Ltd (ASX:FMG) Announces Interim Dividend of $0.50

Fortescue Ltd (ASX:FMG) announced a interim dividend on Friday, February 21st, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, March 26th will be given a dividend of 0.50 per share on Wednesday, March 26th. This represents a dividend yield of 2.68%. The ex-dividend date is Tuesday, February 25th.

Fortescue Price Performance

The company has a debt-to-equity ratio of 27.62, a current ratio of 2.67 and a quick ratio of 2.36. The stock has a market capitalization of $38.07 billion, a price-to-earnings ratio of 6.71, a price-to-earnings-growth ratio of -0.18 and a beta of 0.86.

Fortescue Company Profile

Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It explores for copper, gold, and lithium deposits; and rare earth elements. The company provides port towage services; owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia.