5. Ferrexpo: Is this commodity producer a good dividend investment?
Ferrexpo is one of the world’s largest and lowest-cost producers of iron ore pellets, which are used in the steel industry.
The company can trace its roots back to 1960 when mining operations commenced in Poltava, Ukraine. The operations were eventually moved from state to private ownership and today Ferrexpo still mines exclusively in Ukraine.
To be honest, as a dividend-focused investor, mining stocks are not the sort of thing I usually go for. But Ferrexpo is currently one of the highest-ranked stocks on my FTSE All-Share stock screen, so at the very least it deserves a fair crack of the whip.
Related blog post: https://www.ukdividendstocks.com/blog/is-ferrexpo-a-good-dividend-investment
Disclaimer: This podcast exists is for educational use only and does not contain financial advice. If you need advice on a specific investment you should speak to a regulated financial advisor.