Fortescue share price backtracks as final dividend is slashed by 43%
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Update time : 2022-08-29 19:50:05
Fortescue share price dips 0.96% to $19.68 at market open
The company exceeded the top end guidance for shipments, but experienced a 22% fall in revenue on the back of lower average realised prices for iron ore
The board elected to slash its final dividend by 43% to A$1.21 per share
US employment data falls short of expectations, aluminium ingot continues destocking trend this week
