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forgot to also post this …
Dividend expectations
Commsec projections suggest that BHP could generate A$4.39 of earnings per share (EPS) and then pay an annual dividend per share of A$3.16.
In FY22, it paid total cash dividends of US$3.25 per share, which was a dividend payout ratio of 77%. In Australian dollar terms, it paid A$4.63 per share, according to the ASX.
What this suggests is that the BHP annual dividend could be cut by around 32% in FY23.
So, as i hold both RIO & BHP, i’m siding with RIO this time, they have a better cash to equity ratio; equal weight both 6% in both, but value is 12% in both
We will come back here in July.
Good luck all
Just seen this as a broker opinion on what the full year payout of BHP could be
Commsec numbers suggest that BHP might pay an annual dividend per share of A$3.16 in FY23
The acquisition of OZ Minerals will be a drain on BHP’s financial capacity in FY23
The earnings of Bhp are seen as declining until 2026 before a proper uptick to 2023 levels
So for us UK investors that’s around £1.70 per share fy at 1.85 AUD fx
Hi
I'm with Barclays Stockbrokers. They reinvest all my dividends as I checked some box years ago for them to do this. I was a bit doubtful whether this would automatically work with WDS, but it did.
There's something funny going on here. I'm with ii. They still re invest my divi with BHP, but not with Woodside. Anyone else having this issue ?
I have started to look closer at BHp & RIO
It’s had a another 2 weeks of trying to break higher, it ends the week with 2 shooting stars.
BHP is a candidate of falling off a diving board.
It looks exhausted, and believe the commodity cycle will cause a swift drop, which is happening slowly as we speak
Applies to RIO too.
best of luck with your ideas.
I don’t think this is going to be a re-run of 2008-2009, but i do believe the banking sector does have more skeletons to come out ( BARC, DB to name two ).
Drip buy/add today at 2410p
gla
Nice dividend just arrived :)
Another in September........will continue to drip add on market weakness.
gla
Solid move back up this past week into a recovering market
Good morning, iron ore futures were unchanged at US$126.01 a tonne yesterday:
https://twitter.com/CommSec/status/1640438632434786306
Good morning, Iron ore futures US$127.73:
https://twitter.com/CommSec/status/1638615361464729600
OK thanks. I sold out of all my BHP before the 'delisting' last year in the belief that I wouldnt be able to sell them on the LSE; dont know if that was more stupidity on my part or poor communication from BHP as to what the delisting meant.
Good morning, iron ore futures US$128.01:
https://twitter.com/CommSec/status/1638255769308237825
India will spend a whopping 1.7% of its #GDP on transport infrastructure this year—around twice the level in America and most European countries:
https://twitter.com/bqprime/status/1638193764110934016
BHP removed their primary listing from London, which removed them from a FT100 ranking, but they are still listed on the London market and that will continue.
As a UK investor I'm not aware of any impact on my holding in BHP, other than the addition of Woodside shares which have a similar secondary (?) listing status in London.
I thought BHP were due to delist from the LSE in January 2022 but they still appear to be listed; is that so? Was the delisting dropped?
Good morning, iron ore futures rose by US5 cents or less than 0.1% to US$130.09 a tonne yesterday as a fall in shipments through one of Vale's biggest export terminals in Brazil timed supplies to a global market that's tightening as demand from top buyer China picks up:
https://twitter.com/CommSec/status/1636084342450716673
Good morning, iron ore futures US$130.04:
https://twitter.com/CommSec/status/1635723473975930880
Good morning, iron ore futures rose by US$1.05 or 0.8% to US$130.49 a tonne yesterday following a drop in inventories at Chinese steel mills:
https://twitter.com/CommSec/status/1635369035075567616
Or it could be tomorrow. Something tells me this is not over yet.
If only someone could update me on the iron ore price. Would that be too much to ask?!?
Good morning, iron ore futures lifted by US$2.11 or 1.7% to US$129.48 a tonne yesterday as data showing higher Chinese steel output lifted sentiment:
https://twitter.com/CommSec/status/1633927293365256192
Use the internet. It's a wonderful tool for things like that. Joking aside, ex was yesterday so if you're not in yesterday you mised this one.
Anyone have any news on the final dividend for 2022?
Good morning, iron ore futures rose by US4 cents or less than 0.1% to US$127.37 a tonne yesterday as investors weighed data:
https://twitter.com/CommSec/status/1633563270069252096
Good morning, iron ore futures rose by US$1.83 or 1.5% to US$127.33 a tonne yesterday on optimism steel demand is picking head of China's peak construction season:
https://twitter.com/CommSec/status/1633187392025944064