Eligible shareholders can use the DRP to reinvest dividends earned on their BHP shares rather than receiving dividends in cash. There’s absolutely no obligation to participate in the DRP. DRP is administered by Computershare, which is BHP’s share registry, and not BHP itself.
Does BHP offer a dividend reinvestment plan?
It is possible to reinvest dividends from BHP. In accordance with the terms and conditions of the Plan, shareholders may choose to spend their dividends to purchase BHP shares.
Will BHP pay a dividend in 2021?
For the fiscal year ending June 30, 2021, BHP’s Board of Directors decided to issue a final dividend of $200 per share. Exchange rates for a single day or a range of days ending on or before the Record Date are used for currency conversions.
A four-day period beginning on 31 August 2021 and ending on 3 September 2021 will be used for the Australian dollar currency conversion; a two-day period beginning and ending on 2 September 2021 and ending on 3 September 2021 will be used for the UK pounds sterling conversion; and the New Zealand dollar currency conversion will be based on the rate on 3 September 2021.
The currency conversion rates for the dividend are shown in the following table:
What happens to my BHP shares?
On August 17th, BHP announced that it will no longer have a dual listing in the UK and Australia and will instead have a single Australian listing. The London Stock Exchange will be able to trade Australian equities.
Does BHP pay fully franked dividends?
Its record dividend was accompanied by an update to its portfolio and corporate structure, which puts BHP in a better place for long-term growth by providing the commodities required for global economic expansion and decarbonization.
“BHP continues to provide attractive shareholder returns, anchored by solid operational and financial performance,” CEO Mike Henry stated. Developing long-term value is at the heart of our strategy, which we are implementing now. Global demand for commodities will be met by us in a sustainable manner.”
- Canada’s Jansen Stage 1 project, a new, high-margin enterprise in the world’s best potash basin, which also offers up a new development area for BHP in the near future.
- An agreement to merge BHP’s petroleum division with Woodside’s to create a top 10 independent energy company in the worldwide market. Shareholders of BHP will own 48% of this business.
- In an effort to streamline BHP’s corporate structure, the company intends to have a single primary listing on the Australian Securities Exchange.
BHP recently made a public offer to acquire Canada’s Noront Resources to gain access to a highly promising nickel basin in an attractive region, consistent with its aim to secure further growth possibilities in future-facing commodities. A unanimous recommendation by the board of directors of Noront is that shareholders accept BHP’s offer.
In Mr. Henry’s opinion, “BHP’s goods are crucial to global economic growth, increased living standards, and the move to a cleaner, more sustainable energy source.
“More copper, nickel, iron ore, and high-quality metallurgical coal, as well as potash for sustainable global food production, will be needed for electrification, renewable power, and electric vehicles, as well as steel for infrastructure, including that required for decarbonization.
“In order to fulfill the world’s demands and generate value for our shareholders, workers, and business partners, as well as for our host communities and governments,” we are “actively positioning BHP to meet these needs.”
A record final dividend of US$2 per share was announced today, bringing total shareholder distributions to over US$15 billion for the year.
In Mr. Henry’s opinion: “It is our people’s dedication and hard work that has brought us this far in 2021. Because of BHP’s excellent operational and capital management, as well as high commodity prices, we achieved excellent financial outcomes.
“As a result, we were able to make a total economic contribution of $40.9 billion for the year that comprises community investment, payments to local suppliers and taxes as well as royalties, and payments to governments.”
Canada’s Jansen Stage 1 has been approved by BHP’s Board for a US$5.7 billion investment. Potash production is expected to begin in 2027, with a two-year ramp-up period until full production begins in 2028.
‘Mr. Henry’s response was: “We’re not just adding a new commodity to our portfolio with Jansen, we’re opening up a new market for BHP. The potash basin in which Jansen is situated is among the best in the world, making it an appealing investment jurisdiction.
“As a high-margin, scalable resource that can support operations for up to a century or more, Jansen will pay off handsomely for investors. Potash helps BHP diversify its commodity, geographic, and client base. It’s a fresh and exciting chapter in the history of BHP.”
Plants need potassium to thrive, and potash, a potassium-rich salt, is a common ingredient in fertilizer. Global population growth and the need for more efficient farming with a lower environmental footprint are driving the demand for potash.
A low-cost, low-carbon potash mine, Jansen Stage 1 is intended to be one of the world’s most environmentally friendly potash mines.
During peak construction of Jansen Stage 1, 3,500 employment will be created and 600 jobs will be maintained, as well as possibilities for local and Indigenous enterprises. Gender equality will be a priority at Jansen, and First Nations employees will make up 20% of the workforce. The first of its type in the potash business, BHP has signed Opportunity Agreements with six First Nations communities that are located near the plant.
To create a global independent energy firm with a portfolio that spans the world’s leading oil and gas locations, BHP is proposing to merge its Petroleum assets with Woodside.
In Mr. Henry’s opinion, “Merging Woodside and BHP’s Petroleum division into a top 10 independent energy firm is expected to unleash synergies and increase value for BHP’s shareholders, as well. As the energy revolution continues, the merged business will be better able to withstand it.
“As a result of our Petroleum and Jansen decisions, our remaining portfolio will be more heavily weighted toward future-facing commodities that are most positively linked to population growth, growing living standards, electrification, and decarbonization. To increase long-term value and shareholder returns, this merger will also free up capital to invest in these commodities.
There is a wide range of high-return brownfield and greenfield projects in some of the world’s most promising oil and gas basins that the amalgamated business would have access to. There is a recent $800 million commitment made by BHP for both the Shenzi North and Trion projects, which is part of this.
Woodside shareholders will own 52% of the amalgamated company, while BHP shareholders would own 48% of the merged company.
The merger is planned to be finalized in the second quarter of the calendar year of 2022, subject to regulatory and other approvals.
As a dual-listed corporation, BHP currently operates with two principal parent entities: BHP Group Limited in Australia (BHP Ltd) and BHP Group Plc in the United Kingdom.
With BHP Ltd’s principal listing on the Australian Securities Exchange (ASX), BHP is considering adopting a single company structure (ASX). An American Depository Receipt (ADR) scheme would be established on the New York Stock Exchange (NYSE) under a single corporate structure for BHP Ltd.
His majesty Mr Henry said: “The BHP corporate structure should be simplified now. BHP will be more efficient and nimble as a result of the company’s unification, which will position the company for continued growth.”
It would be possible for eligible BHP Plc owners to receive a single share in the parent company BHP Ltd for each share they now own. BHP stockholders’ positions would not change. There will be no change in the dividend policy of BHP or its capacity to deliver fully franked dividends.
BHP shareholders are likely to vote on unification in the first half of 2022, subject to final Board approval.
When did BHP go ex dividend?
A new dividend payment will be made to shareholders of BHP Group Limited (BHP) on Tuesday, September 02, 2021. On September 21, 2021, a cash dividend of $4 per share will be paid.
How much does BHP pay in dividends?
At today’s currency rates, BHP will distribute a final dividend of A$2.76 per share, or US$2.00 per share.
This dividend offers a yield of 5.67 percent at today’s pricing.
It also marks a historically high payout ratio of 92%, which is a record for the company.
To put things in context, BHP’s payout ratio for the first half of FY21, FY20, and 1H FY20 was 85 percent, 72 percent, and 73 percent accordingly.
What dividend does CSL pay?
Today, CSL announced the final dividend amount and payment dates for the 2021 financial year.
The corporation will pay out $1.18 per share in dividends to shareholders. The full-year dividend now stands at US$2.22 per share, an increase of 10% from last year.
A trailing dividend yield of just over 1% is calculated using the current share price of CSL of $293.56 per share.
CSL’s share price has been steadily rising over the long term, so this may not seem like a big deal. A return on investment has averaged 22.86 percent every year over the past five years, according to the data.
Ex-dividend date
On the ex-dividend date, which is usually one day before the record date, investors must have purchased CSL shares. The dividend will be paid to the seller if the investor does not purchase CSL shares by this date.
Record date
This is the date on which the firm determines which investors are included on its register, thereby serving as a cut-off date. There will be a dividend for those who are registered with the CSL.
Does BHP have preferred shares?
Preferred stock is a type of equity investment that combines the advantages of equity and debt. This quarter, BHP Group’s preferred stock totaled $0 Mil.
When calculating Enterprise Value, preferred stock market value must be added to the market value of common stock. For the quarter ending in June 2021, BHP Group’s Enterprise Value was $192,901 Mil.
Preferred stock par values must be removed from total equity when calculating book value. For the quarter ending in June 2021, BHP Group’s Book Value per Share was $20.27.
In the calculation of Earnings per Share, preferred stock dividends must be reduced from net income (Diluted). In the six months ending in June 2021, BHP Group’s Earnings per Share (Diluted) was $2.93.
Why is BHP delisting?
Why has BHP decided to leave the London stock market? According to BHP’s statement, Australia will become the major stock exchange for the company’s dual corporate structure. Delisting came as a result of the company’s announcement that it would be exiting the oil and gas business.
Does Rio Tinto pay dividends?
In addition to the “final dividend,” we distribute “interim dividends” twice a year. When the company’s financial results for the half and full year are released, shareholders are also informed of the amount of dividends they can expect to receive. Everyone who owns stock on the “record date” is entitled to a dividend, which is typically paid in April and September. In the financial calendar, the dates of upcoming record dates can be found. While the dividend amount is set in US dollars, it is proclaimed by the company’s board of directors in British pounds, at a rate determined by the previous day’s exchange rate.
