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https://www.fool.com.au/2023/03/10/heres-the-bhp-dividend-forecast-through-to-2025/#:~:text=Based%20on%20the%20current%20BHP,5.5%25%20based%20on%20current%20prices.
watch this along with RIO over next month and see what happens. Graphs were not wrong when i noted both would drop if the cliff start of March.
Look at October lows.
#WATCH
GLA
EPS to drop similar to RIO, but will be held up being more diversified.
Earnings will continue to fall throw to 2026, BUT not as heavy as RIO.
This is my broker Rathbones has found to be true as well last year, and so far are correct.
GS, BAC, DB all suggest a yield for 2023 being around 5.5%.
https://www.fool.com.au/2023/03/10/heres-the-bhp-dividend-forecast-through-to-2025/#:~:text=Based%20on%20the%20current%20BHP,5.5%25%20based%20on%20current%20prices.
RIO has to step up and improve its Earnings analysts suggest at ANZ and a few others.
Dividend forecasts are to slow down further y0y.
Just watch how you weigh this holding.
https://www.fool.co.uk/2023/03/12/heres-the-rio-tinto-dividend-forecast-for-2023-and-2024/
I believe BHP is looking better going forward as it’s commodities are spread further than solely on ICE Iron Ore
https://www.msn.com/en-us/money/savingandinvesting/bhp-tends-to-win-as-an-investment-pick-over-rio-tinto-wealth-management-firm-says/vi-AA1a8fvD
i did warn you all it would drop off the cliff eh!
But, we just top up at the bottom whenever that is . simple
On the LIVE DALIAN IRON ORE Futures they’re estimated to continue to drop from here to September.
815 bps to 635 bps
Think the news also about FIRST REPUBLIC BANK IS NOT GOOD either.
The 5:1 share split proposal was announced in order to assist monthly savers and to attract those who are looking to invest smaller amounts i believe, such as younger investors.
ILL be adding more here on next dip, and maybe MUT too.
sorry, meant SP shall be divided by 5 and our number of shares held will multiply by 5. Right?
So, i’m guessing ( i should know this ), the SP is going to rebase to 6500p approximately come 430pm on Monday 24th April?
Id also like to comment on The Market. It’s technically overbought!
It has virtually no risk priced in (the VIX is at 17), and is sitting on a mountain of ifs & buts.
This is a witch’s brew if you can call it something.
The VIX is a tech indicator that signals a fear gauge. We have hit 70 during both 2008, and 2020 or close to it.
The VIX, or the Cboe Volatility Index VIX, is a gauge of expected stock-market volatility, which saw its lowest finish since January on Tuesday of around 16.83 — its long-term average is around 20.
In essence, Rio Tinto's 1Q production result was weaker than expected, with the downgrade in 2023 mined-copper volumes the biggest disappointment.
Though the small bright-spark was increase with IRON ORE
Iron ore was the bright spot, with volumes in line with expectations .
If your wanting to BUY BHP, you wait until July /August. That’s when the H2 results presented. The dividend will be cut as expected by three Australian analysts i have found.
Might see a revisit to 2300p at least, what you shouldn’t do is buy in a rising market; we have earnings out in US, some not looking good at all, if trend continues, downward trend will happen. In short term it’s up though, BUT, there’s always a BUT, inflation is still in double digits, so interest rates will continue to rise… resulting in…
IF RUSSIA sends this SATAN nuke you should be commenting not US!
We have Taiwan & South Korea tension too, a bubble wanting to burst
I hold RIO & BHP
So, i think it will actually help the SP get out of the 1300p price bound range and move higher.
Most other trusts are less expensive per share, so this is my theory. I have held 1065 since 755p days in 2009 i think it was.
The key to anything is to let it ride for longterm.
I can’t give trust fund examples for now, but am sure others have tried this split too as have equities.
I instructed HL to accept the split and convert my shares, been a good trust that has weathered the economic downturn very well. That’s what it does.
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
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 ).
I see CS are being to continue airing their views. Why would we want to listen to a risky non profitable brokers views after its collapse! haha
They have 7000p on RIO’s target. Maybe the broker who publishes these shoukdv checked the currency symbol before posting. Think it should be $70 haha!!
Anyhows, the Spt target i have of retesting is around 58-5900p in the next 90days.
still holding here from messily low numbers at 1345p and top up 2750p, along with BHP at too.
This high level visit of Taiwan to US is going to be a first. Hope ur goes well.
I’d love it if EU knock sense in XI with visits!
Todays NAV is 7.7% discount to SP, so around 915p.
Since rising from 833p today low, it’s coincidently tracked the $ v £
I have MYI, CTY & HFEL , all at 8-10%% of my portfolio.
Looking at starting here once again since holding it from 1989-2012
Just drop feeding in and as at discount looks a good long play.
Don’t hold many UK stocks, all Global ones performed outstandingly well in comparison