Fortescue Ltd Declares Dividend of $0.62 (OTCMKTS:FSUGY)

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 of this dividend is Monday, March 3rd.

Fortescue Price Performance

Shares of Fortescue stock traded down $0.13 during midday trading on Friday, hitting $23.42. The company had a trading volume of 63,644 shares, compared to its average volume of 106,045. The business’s 50 day simple moving average is $23.44 and its two-hundred day simple moving average is $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 1-year low of $21.11 and a 1-year high of $37.17.

Fortescue Company Profile

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.