Fortescue Ltd (ASX:FMG) Declares $0.50 Interim Dividend

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

Fortescue Stock Performance

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

About Fortescue

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.