Fortescue Ltd (OTCMKTS:FSUGY) Declares $0.62 Dividend

Fortescue Ltd (OTCMKTS:FSUGY) announced a dividend on Friday, February 21st, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be paid a dividend of 0.6199 per share on Thursday, April 3rd. The ex-dividend date is Monday, March 3rd.

Fortescue Stock Down 0.6 %

OTCMKTS:FSUGY traded down $0.13 during midday trading on Friday, reaching $23.42. 63,644 shares of the stock traded hands, compared to its average volume of 85,442. The company has a fifty day moving average of $23.42 and a 200 day moving average of $24.33. The company has a current ratio of 2.67, a quick ratio of 2.10 and a debt-to-equity ratio of 0.27. Fortescue has a 12 month low of $21.11 and a 12 month high of $37.17.

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.