Fortescue Ltd (fmg) Logo

Fortescue Ltd (FMG)

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FMG ASX Chart

Snapshot

Fortescue Ltd (FMG, formerly Fortescue Metals Group Ltd) is an ASX-listed company which is into exploration, development, production, processing and sale of iron ore, and the transition to a global green renewables and resources Company through the activities of FFI.

Share Price Activity (ASX)

Last (Price)
Change 0.00 (0.00)
Bid / Ask -
Volume
Volume (4w avg)
Turnover
Open
Day Range -
VWAP
Prev Close
Last Trade

Performance

1 Week
1 Month
2024 YTD
1 Year
vs Sector (1yr) +12.92%
vs ASX 200 (1yr) +6.94%

Size

Market Cap Question Mark Icon
Excludes mandatory escrowed shares and foreign shares.
ASX Rank 7 of 2,384
Sector Rank 2 of 1,005

Key Fundamentals

Shares Issued
Sector Basic Materials
Similar Companies RIO / JHX / NCM
EPS $1.872
DPS $2.08
Book Value Per Share $5.745

Broker Consensus

Breakdown 0 Buy · 0 Hold · 8 Sell
Recommendation Strong Sell
Last Updated 31/03/24

Announcements

Price Sensitive only

Corporate Overview

Corporate Details

Head Office East Perth WA 6004
Website www.fmgl.com.au
Registry Link Market Services
Auditor PricewaterhouseCoopers
Date Listed 1 Oct 1987

Upcoming Calendar (Forecasted)

Date Event
22/04/2024 Report (Quarterly)
25/07/2024 Report (Quarterly)
26/08/2024 Report (Prelim)
26/08/2024 Report (Annual)

Former Company Names

  • Fortescue Metals Group Ltd (FMG), 27/11/2023
  • Fortescue Metal Group Ltd (FMG), 06/11/2003. Allied Mining & Processing Limited(AMS) 04/08/2003
  • Allied Mining and Processing NL, 24/01/2000
  • Pharaoh Metals Corporation NL (PHC), 05/03/1998
  • American Boulder NL (ABE), 29/11/1994
  • Lake Raeside NL (LKR), 27/08/1987

Dividend History

DPS and Yield calculations use the Pay Date.

Ex-Date Amount Franking Gross Type Payable
28/02/2024 $1.08 100% $1.5429 Interim 27/03/2024
04/09/2023 $1.00 100% $1.4286 Final 28/09/2023
27/02/2023 $0.75 100% $1.0714 Interim 29/03/2023
05/09/2022 $1.21 100% $1.7286 Final 29/09/2022
28/02/2022 $0.86 100% $1.2286 Interim 30/03/2022
06/09/2021 $2.11 100% $3.0143 Final 30/09/2021
01/03/2021 $1.47 100% $2.10 Interim 24/03/2021
31/08/2020 $1.00 100% $1.4286 Final 02/10/2020
02/03/2020 $0.76 100% $1.0857 Interim 06/04/2020
02/09/2019 $0.24 100% $0.3429 Final 02/10/2019
22/05/2019 $0.60 100% $0.8571 Interim 14/06/2019
28/02/2019 $0.30 100% $0.4286 Interim 22/03/2019
31/08/2018 $0.12 100% $0.1714 Final 02/10/2018
01/03/2018 $0.11 100% $0.1571 Interim 05/04/2018
01/09/2017 $0.25 100% $0.3571 Final 03/10/2017
02/03/2017 $0.20 100% $0.2857 Interim 06/04/2017
02/09/2016 $0.12 100% $0.1714 Final 04/10/2016
02/03/2016 $0.03 100% $0.0429 Interim 07/04/2016
03/09/2015 $0.02 100% $0.0286 Final 05/10/2015
02/03/2015 $0.03 100% $0.0429 Interim 07/04/2015
01/09/2014 $0.10 100% $0.1429 Final 03/10/2014
27/02/2014 $0.10 100% $0.1429 Interim 02/04/2014
02/09/2013 $0.10 100% $0.1429 Final 04/10/2013
31/08/2012 $0.04 100% $0.0571 Final 02/10/2012
07/03/2012 $0.04 100% $0.0571 Interim 02/04/2012
05/09/2011 $0.04 100% $0.0571 Final 30/09/2011
08/03/2011 $0.03 0% $0.03 Interim 31/03/2011

See Upcoming Dividends for all ASX companies.

Key Data
DPS(TTM) $2.08
Gross DPS(TTM) $2.9714
Dividend yield
Gross yield
Payout Ratio 75%
DRP Yes
DRP Features -

Directors & Management

Directors

Management

Director Transactions

FMG directors must report any change in shareholding to the ASX within 5 business days.

See Director Transactions for all ASX companies.

Date Director Type Amount Price Value Notes
27/03/24 Penelope (Penny) Bingham-Hall Issued 2,496 $25.90 $64,641 Dividend Reinvestment Plan (DRP)
28/02/24 Larry Marshall Buy +1,900 $26.59 $50,519 On-market trade
27/11/23 Sebastian Coe Buy +5,000 $24.74 $123,700 On-market trade
04/09/23 Elizabeth Gaines Sell +147,920 $19.97 ($2,953,980) On-market trade
04/09/23 Elizabeth Gaines Buy +147,920 $20.20 $2,987,984 Conversion of securities
04/09/23 Elizabeth Gaines Expiry 5,243 $20.20 $105,908 As advised by the company
04/09/23 Elizabeth Gaines Exercise 147,920 $20.20 $2,987,984 Conversion of securities
29/03/23 Jennifer Morris Buy +652 $22.54 $14,697 On-market trade
01/12/22 Sebastian Coe Buy +5,000 $19.72 $98,621 On-market trade
29/09/22 Penelope (Penny) Bingham-Hall Issued 3,823 $17.74 $67,808 Dividend Reinvestment Plan (DRP)
29/09/22 Jennifer Morris Buy +1,251 $17.74 $22,188 On-market trade
06/09/22 Jennifer Morris Buy +330 $18.16 $5,994 On-market trade
30/03/22 Penelope (Penny) Bingham-Hall Issued 2,486 $18.52 $46,050 Dividend Reinvestment Plan (DRP)
30/03/22 Jennifer Morris Issued 814 $19.80 $16,117 Dividend Reinvestment Plan (DRP)
18/02/22 Jennifer Morris Buy +302 $19.87 $6,000 On-market trade
17/12/21 Elizabeth Gaines Issued 181,965 $18.98 $3,453,695 Issue of securities
30/09/21 Jennifer Morris Issued 1,831 $14.96 $27,391 Dividend Reinvestment Plan (DRP)
30/09/21 Penelope (Penny) Bingham-Hall Issued 5,591 $14.96 $83,641 Dividend Reinvestment Plan (DRP)
21/09/21 Elizabeth Gaines Sell +639,779 $14.69 ($9,398,676) On-market trade
08/09/21 Elizabeth Gaines Sell +113,994 $17.92 ($2,042,694) On-market trade
08/09/21 Elizabeth Gaines Expiry 583,634 $17.92 $10,458,721 As advised by the company
06/09/21 Elizabeth Gaines Buy +113,994 $18.57 $2,116,868 Conversion of securities
06/09/21 Elizabeth Gaines Exercise 113,994 $18.57 $2,116,868 Conversion of securities
02/09/21 Jennifer Morris Buy +295 $20.32 $5,994 On-market trade
26/03/21 John (Andrew) Forrest Sell +800,000 $20.15 ($16,120,000) As advised by the company
26/03/21 John (Andrew) Forrest Buy +10,000,000 $19.33 $193,271,523 On-market trade
24/03/21 Jennifer Morris Issued 986 $21.94 $21,629 Dividend Reinvestment Plan (DRP)
23/02/21 Jennifer Morris Buy +1,219 $24.60 $29,987 On-market trade
18/11/20 Elizabeth Gaines Issued 291,599 $16.89 $4,925,107 Issue of securities
02/10/20 Jennifer Morris Issued 716 $17.84 $12,770 Dividend Reinvestment Plan (DRP)
02/10/20 Penelope (Penny) Bingham-Hall Issued 2,546 $17.84 $45,410 Dividend Reinvestment Plan (DRP)
30/09/20 John (Andrew) Forrest Buy +6,000,000 $16.18 $97,082,411 On-market trade
03/09/20 Elizabeth Gaines Sell +113,245 $18.28 ($2,070,147) As advised by the company
31/08/20 Elizabeth Gaines Buy +498,649 $17.42 $8,686,465 Conversion of securities
31/08/20 Elizabeth Gaines Exercise 498,649 $17.42 $8,686,465 Conversion of securities
27/08/20 Ya-Qin Zhang Buy +12,000 $19.17 $230,040 On-market trade
06/04/20 Penelope (Penny) Bingham-Hall Issued 3,359 $9.51 $31,957 Dividend Reinvestment Plan (DRP)
06/04/20 Jennifer Morris Issued 946 $9.51 $9,000 Dividend Reinvestment Plan (DRP)
13/03/20 Mark Barnaba Buy +20,300 $9.15 $185,802 On-market trade
13/03/20 Mark Barnaba Buy +20,300 $9.15 $185,802 On-market trade
11/03/20 John (Andrew) Forrest Buy +4,000,000 $0.009 $35,157 On-market trade
11/03/20 John (Andrew) Forrest Buy +4,000,000 $0.009 $35,157 On-market trade
27/02/20 John (Andrew) Forrest Buy +22,112,053 $10.98 $242,861,295 On-market trade
27/02/20 John (Andrew) Forrest Buy +22,112,053 $10.98 $242,861,295 On-market trade
16/12/19 Elizabeth Gaines Issued 415,230 $10.81 $4,488,636 Issue of securities
02/10/19 Penelope (Penny) Bingham-Hall Issued 1,120 $8.77 $9,819 Dividend Reinvestment Plan (DRP)
02/10/19 Jennifer Morris Issued 315 $8.80 $2,771 Dividend Reinvestment Plan (DRP)
02/10/19 Jennifer Morris Transfer 11,519 $8.72 $100,446 Off-market transfer
02/10/19 Jennifer Morris Transfer 11,519 $8.72 $100,446 Off-market transfer
30/08/19 Elizabeth Gaines Buy +206,294 $8.00 $1,650,352 Conversion of securities
30/08/19 Elizabeth Gaines Expiry 10,401 $8.00 $83,208 As advised by the company
30/08/19 Elizabeth Gaines Exercise 206,294 $8.00 $1,650,352 Conversion of securities
20/06/19 Elizabeth Gaines Issued 208,113 $8.72 $1,814,745 Issue of securities
14/06/19 Jennifer Morris Transfer 10,750 $8.80 $94,600 Off-market transfer
14/06/19 Jennifer Morris Transfer 10,750 $8.80 $94,600 Off-market transfer
14/06/19 Penelope (Penny) Bingham-Hall Issued 2,735 $8.38 $22,919 Dividend Reinvestment Plan (DRP)
14/06/19 Jennifer Morris Issued 769 $8.38 $6,444 Dividend Reinvestment Plan (DRP)
22/03/19 Penelope (Penny) Bingham-Hall Issued 1,685 $6.50 $10,957 Dividend Reinvestment Plan (DRP)
26/10/18 John (Andrew) Forrest Buy +3,951,981 $3.80 $15,004,091 On-market trade
06/09/18 Jennifer Morris Buy +5,500 $3.64 $20,020 On-market trade
31/08/18 Elizabeth Gaines Buy +164,552 $3.84 $631,880 Conversion of securities
20/02/18 Elizabeth Gaines Issued 159,101 $5.36 $852,781 As advised by the company
19/02/18 Neville Power Transfer 1,556,520 $5.35 $8,327,382 Off-market transfer
19/02/18 Neville Power Transfer 1,556,520 $5.35 $8,327,382 Off-market transfer
23/11/17 Elizabeth Gaines Buy +366,865 $4.64 $1,702,254 As advised by the company
10/11/17 Elizabeth Gaines Buy +89,823 $4.86 $436,540 On-market trade
29/09/17 Neville Power Buy +998,270 $5.14 $5,131,108 As advised by the company
26/09/17 Jennifer Morris Buy +5,250 $5.05 $26,513 On-market trade
23/08/17 Elizabeth Gaines Buy +85,000 $6.00 $510,197 On-market trade
20/04/17 Penelope (Penny) Bingham-Hall Buy +10,000 $5.21 $52,059 On-market trade
23/09/16 Stephen Pearce Transfer 237,699 $4.96 $1,178,987 Off-market transfer
23/09/16 Stephen Pearce Transfer 237,699 $4.96 $1,178,987 Off-market transfer
20/09/16 Neville Power Issued 1,097,367 $4.96 $5,442,940 Issue of securities
07/09/16 Neville Power Sell +413,250 $5.04 ($2,084,748) As advised by the company
07/09/16 Neville Power Expiry 639,750 $4.99 $3,192,353 As advised by the company
07/09/16 Neville Power Buy +838,181 $4.99 $4,182,523 Conversion of securities
07/09/16 Neville Power Exercise 838,181 $4.99 $4,182,523 Conversion of securities
02/09/16 Stephen Pearce Exercise 312,593 $4.84 $1,512,950 Conversion of securities
02/09/16 Stephen Pearce Expiry 248,792 $4.84 $1,204,153 As advised by the company
02/09/16 Stephen Pearce Buy +312,593 $4.84 $1,512,950 Conversion of convertible notes
29/07/16 Stephen Pearce Transfer 154,664 $4.43 $685,162 Off-market transfer
29/07/16 Stephen Pearce Transfer 154,664 $4.43 $685,162 Off-market transfer
29/07/16 Stephen Pearce Issued 104 $3.98 $414 Employee Share Ownership Plan/Directors Salary Sacrifice
18/04/16 Peter Meurs Transfer 649,537 $3.11 $2,020,060 Off-market transfer
18/04/16 Peter Meurs Transfer 649,537 $3.11 $2,020,060 Off-market transfer
14/12/15 Neville Power Issued 2,291,413 $1.80 $4,113,086 Issue of securities
14/12/15 Peter Meurs Issued 842,094 $1.80 $1,511,559 Issue of securities
30/09/15 Peter Meurs Exercise 235,881 $1.82 $429,303 Conversion of securities
30/09/15 Neville Power Expiry 78,930 $1.82 $143,653 As advised by the company
30/09/15 Neville Power Exercise 714,736 $1.82 $1,300,820 Conversion of securities
30/09/15 Neville Power Buy +714,736 $1.82 $1,300,820 Conversion of securities
30/09/15 Peter Meurs Expiry 67,467 $1.82 $122,790 As advised by the company
30/09/15 Peter Meurs Buy +235,881 $1.82 $429,303 Conversion of securities
16/09/15 Peter Meurs Sell +16,632,614 $4.21 ($70,000,000) As advised by the company
13/05/15 Peter Meurs Expiry 7,500,000 $2.51 $18,825,000 Options expired
07/04/15 Sharon Warburton Issued 750 $2.00 $1,500 Dividend Reinvestment Plan (DRP)
18/03/15 Jean Baderschneider Buy +138,000 $1.91 $263,854 On-market trade
09/12/14 Neville Power Issued 908,651 $2.55 $2,317,060 Issue of securities
09/12/14 Peter Meurs Issued 333,930 $2.55 $851,522 Issue of securities
01/12/14 Mark Barnaba Buy +20,000 $2.70 $54,000 On-market trade
20/11/14 John (Andrew) Forrest Buy +4,000,000 $2.75 $11,004,500 On-market trade
19/11/14 Neville Power Buy +100,000 $2.75 $275,000 On-market trade
12/11/14 William Rowley Transfer 17,644,951 $2.96 $52,229,055 Off-market transfer
12/11/14 William Rowley Transfer 17,644,951 $2.96 $52,229,055 Off-market transfer
12/09/14 Neville Power Exercise 456,590 $3.94 $1,798,965 Conversion of securities
12/09/14 Neville Power Buy +456,590 $3.94 $1,798,965 Conversion of securities
12/09/14 Neville Power Expiry 183,160 $3.94 $721,650 As advised by the company
12/09/14 Peter Meurs Expiry 56,635 $3.94 $223,142 As advised by the company
12/09/14 Peter Meurs Exercise 192,157 $3.94 $757,099 Conversion of securities
12/09/14 Peter Meurs Buy +192,157 $3.94 $757,099 Conversion of securities
05/09/14 Sharon Warburton Buy +50,000 $4.00 $200,000 On-market trade
17/06/14 John (Andrew) Forrest Buy +1,750,000 $3.98 $6,956,369 On-market trade
05/05/14 John (Andrew) Forrest Buy +2,000,000 $4.87 $9,740,795 On-market trade

Director Interests

The current holdings of FMG directors.

Director Last Notice Direct Shares Indirect Shares Options Convertibles
Penelope (Penny) Bingham-Hall 27/03/2024 0 62,357 N/A N/A
Larry Marshall 28/02/2024 1,900 N/A N/A N/A
Usha Rao-Monari 24/01/2024 0 N/A N/A N/A
Sebastian Coe 27/11/2023 0 10,000 N/A N/A
Elizabeth Gaines 04/09/2023 135,000 341,294 N/A N/A
Jean Baderschneider 30/06/2023 138,000 N/A N/A N/A
Mark Barnaba 30/06/2023 N/A 40,300 N/A N/A
John (Andrew) Forrest 30/06/2023 N/A 1,131,365,000 N/A N/A
Yifei Li 22/08/2022 0 N/A N/A N/A

Shareholder Info

Top 20 Shareholders

Data supplied by Morningstar and accurate on Aug 21, 2023.

It's not possible to publish a real-time Top 20 Shareholder list. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). If a company chooses to publish the data, it's usually once a year in their Annual Report.

All data is manually compiled so there might be a delay between the Annual Report being published and the data appearing on Market Index (<7 days for ASX 300 and up to 30 days for micro-caps).

Name Shares Capital
HSBC Custody Nominees (Australia) Limited 1,482,035,717 48.13%
J P Morgan Nominees Australia Pty Limited 406,988,264 13.22%
Valin Investments (Singapore) Pte Ltd 228,007,497 7.41%
Tattarang Pty Ltd 117,580,521 3.82%
Citicorp Nominees Pty Limited 105,987,655 3.44%
Emichrome Pty Ltd 93,045,000 3.02%
BNP Paribas Noms Pty Ltd 40,912,996 1.33%
Valin Resources Investments (Singapore) Pte Ltd 37,876,216 1.23%
National Nominees Limited 26,253,495 0.85%
Pacific Custodians Pty Limited 16,843,421 0.55%
Citicorp Nominees Pty Limited i 15,711,741 0.51%
Pacific Custodians Pty Limited i 15,710,557 0.51%
BNP Paribas Nominees Pty Ltd ACF Clearstream 14,157,242 0.46%
HSBC Custody Nominees (Australia) Limited i 11,554,788 0.38%
Invia Custodian Pty Limited 8,244,951 0.27%
Citicorp Nominees Pty Limited ii 5,653,649 0.18%
BNP Paribas Nominees Pty Ltd 4,659,448 0.15%
Merrill Lynch (Australia) Nominees Pty Limited 4,119,589 0.13%
HSBC Custody Nominees (Australia) Limited ii 4,062,741 0.13%
Mr John William Cunningham 4,000,000 0.13%

Shareholder Distribution

As reported in the most recent Annual Report.

Holding Size 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001+ Total
No. of Shareholders 109,639 42,697 8,120 5,652 289 166,397

Substantial Shareholders

A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list.

Shareholding changes less than 1% do not require notification to the market. When all “Last Notice” dates are identical, it suggests that no (or minimal) change has occurred since the most recent Annual Report.

Note: If a substantial shareholder's stake drops below 5%, the "Shareholders Selling" field shows full ownership as sold and sets "New %" to zero, even if they continue to hold shares under the limit.

Name Last Notice Total Shares Shares Held (%)
The Capital Group Companies, Inc. 21/08/2023 244,454,405 7.94
Tattarang Pty Ltd 21/08/2023 1,131,365,000 36.74
Hunan Valin Group 21/08/2023 267,395,477 8.68

Shareholders Buying

12 month transaction history compiled from ASX announcements.

Date Name Bought Previous % New %
20-06-23 Tattarang Pty Ltd 15,200,000 36.25 36.70

Shareholders Selling

12 month transaction history compiled from ASX announcements.

No sell transactions reported by Substantial Shareholders in the past 12 months.

Historical Data

Share Price History

Date Close Change %Chg Open High Low Volume Turnover

Historical Data

Year Closing Price Last Trade
2023 $22.18 30 June
2022 $17.53 30 June
2021 $23.34 30 June
2020 $13.85 30 June
2019 $9.02 28 June
2018 $4.39 29 June
2017 $5.22 28 June
2016 $3.50 28 June
2015 $1.91 30 June
2014 $4.35 30 June
FMG Historical Price Data (CSV)
Up to 20 years of EOD share price history

Important note:

All year-end and CSV data is "as traded on the day" and ignores corporate actions (e.g. share splits)

Market Index, ASX and Morningstar Logos

All data on this page is supplied by the ASX, Morningstar and Market Index. Read the disclaimer.