Bumper payday for BHP investors
BHP shareholders are pocketing a record return from their investment, with the company paying out a staggering amount in the last three years.
Business
by Rebecca Le May
16th Feb 2021 3:58 PM
Mining behemoth BHP is rewarding shareholders with the biggest dividend in its history after booking a surge in half-year underlying profit, as record shipments from its flagship iron ore mines in Western Australia coincide with high prices for the steelmaking commodity.
Underlying profit for the six months to December 31 rose 16 per cent to $US6.03bn ($A7.73bn), while net debt fell 7 per cent to $US11.83bn ($A15.16bn).