Fortescue's Return on Equity Slips to 7%

Fortescue's Return on Equity Slips to 7%

Assessment

Interactive Video

Business

University

Hard

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The video discusses the financial performance of major Australian companies. Wesfarmers reported an 87% drop in first-half profit due to poor performance in the UK, but shares rose due to a positive turnaround strategy. Fortescue Metals' earnings were stable, but the dividend cut led to a stock price drop. BHP's earnings were below market expectations despite a 25% profit increase, with plans to redistribute profits to shareholders and maintain its dual listing structure.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected impact of the winter period ending on Fortescue's sales?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What dividend did BHP announce for its shareholders?

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