Fortescue Dividend Beat Overshadows Profit Miss -- Market Talk

Dow Jones

7 hours ago

2318 GMT [Dow Jones]--Fortescue's higher-than-expected interim dividend more than offsets a softer-than-anticipated 1H profit, RBC Capital Markets says in a note. The profit miss is due to higher depreciation, as well as interest and tax, says the broker. But "the dividend outcome is the message," says RBC, adding that "balance sheet strength and cash flow resilience allows FMG to sustain attractive distribution even amid higher capital intensity." RBC has a sector perform rating and A$23.00 target on the stock. Fortescue is up 3.2% at A$20.85. (rhiannon.hoyle@wsj.com)

(END) Dow Jones Newswires

February 24, 2026 18:20 ET (23:20 GMT)

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The profit miss is due to higher depreciation, as well as interest and tax, says the broker. But \"the dividend outcome is the message,\" says RBC, adding that \"balance sheet strength and cash flow resilience allows FMG to sustain attractive distribution even amid higher capital intensity.\" RBC has a sector perform rating and A$23.00 target on the stock. Fortescue is up 3.2% at A$20.85. (rhiannon.hoyle@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2026 18:20 ET (23:20 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fortescue Dividend Beat Overshadows Profit Miss -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFortescue Dividend Beat Overshadows Profit Miss -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-25 07:20</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  2318 GMT [Dow Jones]--Fortescue's higher-than-expected interim dividend more than offsets a softer-than-anticipated 1H profit, RBC Capital Markets says in a note. The profit miss is due to higher depreciation, as well as interest and tax, says the broker. But \"the dividend outcome is the message,\" says RBC, adding that \"balance sheet strength and cash flow resilience allows FMG to sustain attractive distribution even amid higher capital intensity.\" RBC has a sector perform rating and A$23.00 target on the stock. Fortescue is up 3.2% at A$20.85. (rhiannon.hoyle@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2026 18:20 ET (23:20 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7507","symbol_name":"资源股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2614915721","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614915721","pubTimestamp":1771975200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2318 GMT [Dow Jones]--Fortescue's higher-than-expected interim dividend more than offsets a softer-than-anticipated 1H profit, RBC Capital Markets says in a note. The profit miss is due to higher depreciation, as well as interest and tax, says the broker. But \"the dividend outcome is the message,\" says RBC, adding that \"balance sheet strength and cash flow resilience allows FMG to sustain attractive distribution even amid higher capital intensity.\" RBC has a sector perform rating and A$23.00 target on the stock. Fortescue is up 3.2% at A$20.85. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7507":"资源股","FMG.AU":"FORTESCUE LTD","BK7129":"钢铁"},"translate_title":"Fortescue股息增长掩盖了利润下滑——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FMG.AU":0.9},"content_text":"2318 GMT [Dow Jones]--Fortescue's higher-than-expected interim dividend more than offsets a softer-than-anticipated 1H profit, RBC Capital Markets says in a note. The profit miss is due to higher depreciation, as well as interest and tax, says the broker. But \"the dividend outcome is the message,\" says RBC, adding that \"balance sheet strength and cash flow resilience allows FMG to sustain attractive distribution even amid higher capital intensity.\" RBC has a sector perform rating and A$23.00 target on the stock. Fortescue is up 3.2% at A$20.85. (rhiannon.hoyle@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 24, 2026 18:20 ET (23:20 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}