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Company News Summary

Fortescue Metals Group Announces Dividend of A$0.60 Payable on 14 June 2019

14 May 2019  |  13:57:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Dividend Details

Fortescue Metals Group announced a fully franked dividend of A$0.60 per share, bringing total dividends for FY19 to-date to A$0.90 per share inclusive of the A$0.19 per share interim and A$0.11 per share special dividends declared in February. The Company updated that the dividend will be paid on 14 June 2019 with a record date of 23 May 2019. As reported, the Company's dividend pay-out ratio policy remains at 50% to 80% of net profit after tax, with payment dates expected to revert to March/April for interim dividends and September/October for final dividends.

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