BHP dividend slumps to eight-year low amid slowing Chinese demand

The Australian Financial Review
18 Feb

BHP will pay its lowest interim dividend in eight years and the bare minimum allowed under its shareholder returns policy as slowing Chinese steel demand drove profits lower.

Shareholders will receive a US50¢ interim dividend on March 27 after the miner announced a weaker-than-expected $US5.08 billion ($7.98 billion) underlying half-year profit on Tuesday.

Loading...

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10