Buying Fortescue shares for dividends? Read this first
Owning Fortescue Ltd (ASX: FMG) shares has been very rewarding over the past few years when it comes to dividends.
In FY24, the business paid an annual dividend per share of $1.97. That trailing dividend translates into a grossed-up (including franking credits) dividend yield of 14.4% at the current Fortescue share price.
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