Fortescue Metals Group's (ASX:FMG) Dividend Is Being Reduced To $1.00

Published on 30 Aug 2023 on Simply Wall St. via Yahoo Finance

Fortescue Metals Group's (ASX:FMG) Dividend Is Being Reduced To $1.00

Fortescue Metals Group Limited (ASX:FMG) is reducing its dividend from last year's comparable payment to $1.00 on the 28th of September. However, the dividend yield of 8.1% is still a decent boost to shareholder returns.

See our latest analysis for Fortescue Metals Group

Fortescue Metals Group Is Paying Out More Than It Is Earning

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Fortescue Metals Group's (ASX:FMG) Dividend Is Being Reduced To $1.00

ASX.FMG price evolution

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