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BLT Bhp Billiton

1,573.00
0.00 (0.00%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Bhp Billiton BLT London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1,573.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
1,573.00 1,573.00
more quote information »

BHP Billiton BLT Dividends History

No dividends issued between 08 May 2014 and 08 May 2024

Top Dividend Posts

Top Posts
Posted at 23/11/2018 08:28 by solomon
Seems like the ticker has changed from BLT to BHP
Posted at 03/11/2018 19:10 by loganair
MINING BONANZA Shareholders in BHP Billiton were feeling flush as the mining giant promised to return £8billion to them.

Half would come through buying back investors’ shares, while £4billionn would be through a dividend in January. (This will equate to around £1.90 per share)

It comes after BHP sold its US onshore oil and shale gas assets in July.
Posted at 02/11/2018 00:11 by ethics_gradient
They won't announce the amount until after the completion of the Off Market Buy Back. I have no idea how an "Off Market Buy Back" works, but assuming it is successful, there should be less shares in issue to receive the special divi, hence it should be somewhat north of $2?
Posted at 01/11/2018 09:49 by togglebrush
Special dividend due, see Todays RNS for detail,
Titled BHP Billiton PLC BHPs US$10.4 billion shareholder return program

BHP intends to pay the balance of the net proceeds from the sale of its Onshore US assets (expected to be US$5.2 billion) to all shareholders in the form of a special dividend (Special Dividend) to be determined following completion of the Off-Market Buy-Back, and to be payable in January 2019.
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FWIW
Shares in Issue (m) 2,112.00 … so if my billions to millions are correct … we may get roughly $US2 per share ???
'
The dates are:-
Formal Announcement is 17 Dec 2018 .. X Divi 11 Jan 2019 … Paid 30 Jan 2019
Posted at 26/9/2018 22:45 by loganair
Deutsche Bank reckons all of BHP Billiton’s near-term catalysts are in the past:


“After outperforming year-to-date on (1) successful sale of the US Onshore business (2) strong oil prices (3) improved operational performance in H2 FY18, the major near-term re-rating catalysts are behind us”

BHP Billiton has been downgraded to ‘hold’ by analysts at Deutsche Bank.

It has been a busy year for the coal, copper and iron miner, which last month declared a record dividend pay-out following a 33% jump in profits.

BHP disposed of its US shale gas assets for US$10.7bn over summer, while the rebounding oil prices – BHP is an oil producer as well as a miner – and improved operational performance have all contributed to the strong 2018 so far.

Unfortunately for investors, Deutsche analyst Liam Fitzpatrick acknowledges the strong share price performance since the turn of the year but reckons most of the “major near-term catalysts are behind us”.

He does, however, think there is room for BHP to get rid of some of its other non-core assets from its portfolio.

“After spinning out South 32 in 2015 (US$9.4bn) and recently selling US Onshore (US$10.7bn), BHP is more simplified but not yet simple,” wrote the analyst in a note to clients.

“We still see other assets in the portfolio that are, like the South 32 assets previously, likely to receive less capital than the major divisions. These include Nickel West, the Australian oil/gas assets and NSW Energy Coal.”

Fitzpatrick isn’t convinced that management will push ahead with these and certainly not at a pace he would like.

“The pace of simplification is clearly slowing and management's recent commitment to the remaining oil/gas portfolio suggests that longer term (FY21+) capex could move above the US$8bn per annum ceiling set for FY19/20.”

Fitzpatrick dropped his rating to ‘hold’ from ‘buy’, while he also lowered his price target to 1,800p from 1,860p.
Posted at 26/9/2018 19:00 by john of groats
And the latest dividend increase is very welcome.

John
Posted at 21/8/2018 07:15 by togglebrush
Dividends
-- The dividend policy provides for a minimum 50 per cent payout of Underlying attributable profit at every reporting period. The minimum dividend payment for the June 2018 half year period is 46 US cents per share.
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-- The Board has determined to pay an additional amount of 17 US cents per share or US$0.9 billion, taking the final dividend to a record 63.0 US cents per share. This is equivalent to a 69 per cent payout ratio.
'
XD 4 Sep Paid 25 Sep 2018
Posted at 27/6/2018 14:39 by loganair
By Rupert Hargreaves - Global mining giant BHP Billion has quickly established itself as one of the FTSE 100’s top income plays over the past few years.

After reporting a near-90% fall in net profit for 2015, and then a loss in 2016, BHP reported net income of $5.9bn in 2017. To celebrate, management hiked the group’s dividend payout by 200% in 2017 to $0.85 (64p).

While City analysts are expecting the company’s earnings growth to continue this year, what really grabs my attention is BHP’s free cash flow.

Plenty of cash:

For the six months to December last year, BHP delivered free cash flow of $4.9bn. Underlying attributable profit climbed 25% to just over $4bn. The miner’s robust cash generation allowed management to declare a half-year dividend of $0.55 per share (41p), up 38% year-on-year. City analysts are currently expecting a dividend of $1.20 for the full year. It looks like the firm is on track to hit this target, giving the shares a forward dividend yield of 5.6%.

BHP’s excess cash generation is also allowing the company to pay down debt. Net debt fell 23% to $15.4bn at the end of last year, down nearly 80% from the level reported in 2013. This proves BHP’s dividend is funded with surplus free cash and the firm is not borrowing additional funds to pay the dividend or fund its operations.

Meanwhile, BHP’s cash generation is expected to continue for at least the next two years. It should also receive a boost from its up-for-sale portfolio of onshore US shale assets.

Analysts believe the price tag is $7bn-$9bn. Exiting at $9bn would give the company plenty of funding to reduce net debt below its $10bn-$15bn target range. So, the City is expecting BHP to return several billion of excess funds, after reducing debt.

With this being the case, I believe BHP’s 5.6% dividend yield is an excellent buying opportunity to build a retirement income.
Posted at 22/5/2018 09:47 by loganair
BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) are becoming dividend plays by Rosemary Steinfort:

Mining companies usually not perceived as dividend plays, such as Rio Tinto Limited (ASX: RIO) and BHP Billiton Limited (ASX: BHP) are paying annual dividend yields of 4.6% and 3.8% respectively, both fully franked. Mining companies have been able to step up their dividend payments after becoming awash with cash from the rebound in commodities prices, as well as keeping capital expenditure under control and restructuring their businesses when commodity prices went south.
Posted at 05/4/2018 10:50 by loganair
BHP Billiton: A Good Income Investment:


BHP now generates ample excess cash flow; more than enough to pay its dividend and downsized capital expenditure needs in 2018. So far in this fiscal year, BHP has generated $7.3 billion in cash flow from operations, $1.8 billion of which goes into maintenance capital expenditure and another $1.8 billion has gone into the dividend. 'Organic development' takes another $1.9 billion of capital expenditure, presumably to keep production flat. With all that out of the way, BHP has $1.7 billion in free cash flow left over, most of which it is applying to improve the balance sheet. In this environment, it is much better for BHP to delever than it is to plow capital into new projects. BHP remains in a financially strong position.

Pays you to wait:

BHP pays you handsomely to wait, which is one of the reasons I continue to recommend the stock. Currently, BHP yields 5%, there's plenty of cash flow by which to pay that dividend. Expect the dividend to track earnings per share, as BHP is committed to paying half of its earnings per share in the form of dividends and BHP has a long history of a progressive dividend, with the exception of 2016 when the company had no choice. I suspect BHP will at the very least continue to raise dividends by low single-digits.

BHP is a very cyclical company, and share price tends to track earnings tightly. The good news is, it appears the recovery in commodity prices is well underway.

What you'll certainly get from BHP is a generous 5% yield that the company should be able to sustain in any cycle. The commodities BHP are in, copper, iron, and metallurgical coal, are both economically sensitive and volatile. However, BHP has situated itself to the point where it can make an impressive profit even at today's commodity prices. For this reason, I recommend BHP Billiton, particularly as this is a sector which income investors typically gloss over.

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