Fortescue (ASX:FMG) Preferred Dividends : A$0 Mil (TTM As of Dec. 2023)

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What is Fortescue Preferred Dividends?

Preferred dividend is a dividend that is accrued and paid on a company's preferred shares. Fortescue's preferred dividends for the six months ended in Dec. 2023 was A$0 Mil. Its preferred dividends for the trailing twelve months (TTM) ended in Dec. 2023 was A$0 Mil.

Fortescue Preferred Dividends Historical Data

The historical data trend for Fortescue's Preferred Dividends can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fortescue Preferred Dividends Chart

Fortescue Annual Data

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Preferred Dividends

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Fortescue Semi-Annual Data
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Fortescue Preferred Dividends Calculation

A dividend that is accrued and paid on a company's preferred shares.

Fortescue (ASX:FMG) Preferred Dividends Explanation

In the event that a company is unable to pay all dividends, claims to preferred dividends take precedence over claims to dividends that are paid on common shares.

Preferred Dividends for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0 Mil.

Fortescue (ASX:FMG) Business Description

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Address

87 Adelaide Terrace, Level 2, East Perth, Perth, WA, AUS, 6004

Website

https://www.fortescue.com

Fortescue is an Australia-based iron ore miner. It has grown from obscurity start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 190 million metric tons in 2023 means Fortescue supplies nearly 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once it completes construction of its 22 million metric tons Iron Bridge magnetite mine. However, with longer-term demand likely to decline as China's economy matures, we expect Fortescue's future margins to be below historical averages. More recently, Fortescue diversified into green energy, with ambitions to become a major supplier of green hydrogen and green ammonia. Its efforts are early stage.

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