Share Name Share Symbol Market Type Share ISIN Share Description
Bhp Group Plc LSE:BHP London Ordinary Share GB00BH0P3Z91 ORD $0.50
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.20 -0.13% 1,674.60 1,674.60 1,675.00 1,686.20 1,666.40 1,677.60 4,382,356 16:35:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 34,888.9 11,855.2 126.3 13.5 35,369

Bhp Share Discussion Threads

Showing 451 to 470 of 525 messages
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DateSubjectAuthorDiscuss
14/10/2019
15:51
Https://markets.businessinsider.com/commodities/iron-ore-price Iron Ore 92.23 USD -0.63(-0.68%) Gold COMEX 1,496.30 +0.51% Silver COMEX 17.67 +0.72% Platinum NYMEX 900.40 +0.01% Copper COMEX 2.63 -0.06% Brent Crude Oil NYMEX 59.08 -2.36% Gasoline NYMEX 1.60 -2.58% Natural Gas NYMEX 2.47 +0.49% (WTI) 53.3 USD -2.70% Rio Tinto 4,117 -2.20% Bhp 1,676 -2.58% Anglo American 1,936.2 -2.44% Glencore 230.95 -2.76%
waldron
14/10/2019
15:39
Https://uk.advfn.com/stock-market/london/glencore-GLEN/share-news/Minnesotas-Iron-Range-Likes-Its-Miners-A-Deadly-B/80916096
waldron
13/10/2019
10:05
Https://www.newsnow.co.uk/h/?search=bhp&lang=en&searchheadlines=1
the grumpy old men
13/10/2019
10:01
Was that a quote?
poikka
13/10/2019
09:49
also pay attention to supports and resistence 1660 and 1755p
the grumpy old men
13/10/2019
09:46
OCTOBER/17/2019 Q1 2020 Sales and Revenue Release OCTOBER/17/2019 | 11:00am Annual General Meeting Watch for news regarding dam break in 2015
the grumpy old men
13/10/2019
09:40
Https://www.marketscreener.com/BHP-GROUP-47281658/ratings/ Summary The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria. For a short-term investment strategy, the company has poor fundamentals. Strengths Share prices are approaching a strong support area in daily data, which offers good timing for investors. Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits. Thanks to a sound financial situation, the firm has significant leeway for investment. The company's attractive earnings multiples are brought to light by a P/E ratio at 10.42 for the current year. This company will be of major interest to investors in search of a high dividend stock. Over the last twelve months, the sales forecast has been frequently revised upwards. For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner. Weaknesses According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years. Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity. The company's earnings releases usually do not meet expectations. For the last few months, analysts have been revising downwards their earnings forecast.
the grumpy old men
13/10/2019
09:35
If you’ve £10,000 to invest in income stocks and don’t know where to start, I highly recommend taking a closer look at global mining giant BHP (LSE: BHP). What I love about BHP is that, after around five years of restructuring and cutting costs, it’s now spitting out cash at an impressive rate. For example, according to the company’s numbers for its financial year ended 30 June, net operating cash flow came in at an impressive $17.4bn. Free cash flow, which what’s left for shareholders after things like capital spending, was $10bn (around £8.2bn). That’s compared to BHP’s current market capitalisation of £85bn. This cash generation, coupled with the fact the mining group’s net debt has declined from around $27bn in 2016 to $9.2bn today, allowed management to declare a record final dividend totalling $1.3bn for the year. Cash flow giant: As long as BHP continues to do what it does best (pull rocks out the ground) and doesn’t get sidetracked by any costly expansion plans, I reckon it’s highly likely the company will continue to throw off cash for many years to come. City analysts believe the stock with yield 7% this year and also 6.2% next year, although these figures are based on regular dividends. As the company demonstrated earlier this year, it’s not averse to paying out special dividends when the time is right, so the actual level of income declared could be higher. That’s why I think this stock is worth a place in your portfolio today.
loganair
13/10/2019
09:35
If you’ve £10,000 to invest in income stocks and don’t know where to start, I highly recommend taking a closer look at global mining giant BHP (LSE: BHP). What I love about BHP is that, after around five years of restructuring and cutting costs, it’s now spitting out cash at an impressive rate. For example, according to the company’s numbers for its financial year ended 30 June, net operating cash flow came in at an impressive $17.4bn. Free cash flow, which what’s left for shareholders after things like capital spending, was $10bn (around £8.2bn). That’s compared to BHP’s current market capitalisation of £85bn. This cash generation, coupled with the fact the mining group’s net debt has declined from around $27bn in 2016 to $9.2bn today, allowed management to declare a record final dividend totalling $1.3bn for the year. Cash flow giant: As long as BHP continues to do what it does best (pull rocks out the ground) and doesn’t get sidetracked by any costly expansion plans, I reckon it’s highly likely the company will continue to throw off cash for many years to come. City analysts believe the stock with yield 7% this year and also 6.2% next year, although these figures are based on regular dividends. As the company demonstrated earlier this year, it’s not averse to paying out special dividends when the time is right, so the actual level of income declared could be higher. That’s why I think this stock is worth a place in your portfolio today.
loganair
11/10/2019
15:43
Https://markets.businessinsider.com/commodities/iron-ore-price Iron Ore 92.86USD -0.15(-0.16%) Gold COMEX 1,482.40 -1.23% Silver COMEX 17.48 -0.69% Platinum NYMEX 893.70 -1.56% Copper COMEX 2.62 +0.42% Brent Crude Oil NYMEX 60.37 +2.15% Gasoline NYMEX 1.64 +1.08% Natural Gas NYMEX 2.45 +1.53% (WTI) 54.58 USD +1.28% Rio Tinto 4,195.5 +2.23% Bhp 1,715.2 +1.10% Anglo American 1,981.6 +3.02% Glencore 237.6 +2.41%
waldron
10/10/2019
15:54
Https://markets.businessinsider.com/commodities/iron-ore-price Iron Ore 93.01USD 1.42(1.53%) Gold COMEX 1,499.60 -0.87% Silver COMEX 17.59 -1.26% Platinum NYMEX 903.90 +0.80% Copper COMEX 2.62 +1.83% Brent Crude Oil NYMEX 58.65 +0.57% Gasoline NYMEX 1.59 +0.37% Natural Gas NYMEX 2.42 -0.70% (WTI) 53.01 USD +1.22% Rio Tinto 4,104 +2.13% Bhp 1,696.6 +1.96% Anglo American 1,923.6 +3.98% Glencore 232 +3.18%
waldron
09/10/2019
15:54
Https://markets.businessinsider.com/commodities/iron-ore-price Iron Ore 91.59 USD -1.94(-2.12%) Gold COMEX 1,512.50 +0.57% Silver COMEX 17.79 +0.48% Platinum NYMEX 898.80 +0.98% Copper COMEX 2.57 -0.14% Brent Crude Oil NYMEX 59.17 +1.60% Gasoline NYMEX 1.61 +1.66% Natural Gas NYMEX 2.47 -1.04% (WTI) 53.64 USD +2.39% Rio Tinto 4,018.5 -0.20% Bhp 1,661.6 -0.59% Anglo American 1,850 +1.85% Glencore 224.85 +0.42%
waldron
09/10/2019
13:45
SYDNEY -- Global miners have spent years trying to shrink their carbon footprint. Now they face the threat of lost business if they don't help customers do the same. An Australian regulator recently told Peabody Energy Corp. and Glencore PLC they couldn't export coal from a new mine to countries that haven't signed the Paris climate agreement. Two other Australian coal projects were scuttled this year, partly out of concern about greenhouse-gas emissions overseas. Investors, too, are growing inquisitive about miners' records on customer emissions -- partly out of fear about potential liability. Miners are responding by increasing carbon-impact disclosure, forming alliances with buyers and investing in technology to cut emissions from steel mills and power plants. BHP Group Ltd. said its scope 3 emissions -- pollution mostly created when customers transport and use the commodities it produces -- are almost 40 times greater than those generated at its own operations. "We recognize that we must work with our suppliers, customers and others to reduce these emissions across the value chain to protect demand for our products," said Geoff Healy, chief external affairs officer at BHP, the world's largest mining company by market value. In the oil industry, facing similar pressures, there is friction among large companies over whether to commit to reducing greenhouse-gas emissions from products such as gasoline -- in big part because emissions vary hugely depending on the vehicle. "Saying you won't buy from someone is relatively easy. Saying you won't sell to someone is really hard," said Paul Mitchell, Ernst & Young's global mining and metals leader. "But if we ignore societal expectations, we do it at our peril." It is almost inevitable that miners' scope 3 emissions will be regulated in some way in the future, said Mr. Mitchell, who advises companies on such issues. The mining sector's carbon footprint made its debut in fourth place on an annual EY industry survey of business risks published this month. Taking action on emissions requires miners to work closely with China, the world's top buyer of iron ore and burner of coal. While China is committed to the Paris accord -- and authorities are pressing the phaseout of old factories and imposing stricter emissions standards for vehicles -- the economy remains dominated by state-owned giants that are often inefficient and hard to influence. Miners' experience in Australia illustrates what increased regulation could involve. The approval recently given for the Peabody-Glencore United Wambo coal mine came with a big condition: Some export markets must be blacklisted. The Independent Planning Commission for New South Wales state insisted thermal coal from the project go only to places where the Paris climate agreement or other similarly tough greenhouse-gas targets are in effect. That could rule out Taiwan, which relies on coal for roughly one-third of its energy use. "It may be a brave call by the commission, but it's gotten attention," said Debra Townsend, a partner at law firm King & Wood Mallesons. The miners said spurned customers might turn to lower-quality supplies from elsewhere, adding to global pollution, but the regulator decided the need to appropriately manage greenhouse-gas emissions overrode that worry. That decision is deeply concerning, a project spokesman said. New South Wales planning minister Rob Stokes said the state government is considering new guidelines or legislation to clarify how regulators treat scope 3 emissions. Threats to miners' business go beyond pushback on new projects. Consumer brands could stop buying commodities they consider too dirty, experts say. Many are already innovating with recycled materials. In July, BHP pledged to spend $400 million over five years to develop technologies that can reduce emissions both from its operations and its customers'. "We won't stop at the mine gate," BHP Chief Executive Andrew Mackenzie said. "Use of emissions-intensive products from the resources industry have contributed significantly to global warming." BHP plans next year to publish goals for addressing emissions. Rio Tinto PLC is also drawing up scenarios for decarbonizing the steel industry. Success could materially affect the value of its core iron-ore business, it said. Meantime, miners are touting their role in the shift to a low-carbon economy by producing commodities such as copper and nickel for wind turbines and electric vehicles. On Sept. 25, Rio Tinto joined with China's biggest steelmaker, China Baowu Steel Group Corp., and Beijing's Tsinghua University on a venture to explore ways to reduce the carbon footprint of the steel industry -- which accounts for up to 9% of direct emissions from fossil fuel use, according to the World Steel Association, an industry body. Rio Tinto is part of a group aiming to improve sustainability in the aluminum sector a9nd last year joined with Alcoa Corp. and customer Apple Inc. to develop a carbon-free smelting method. Those alliances attracted interest from China's steel-industry association in a meeting with Rio Tinto in Beijing in August. "We said we should do the same for the steel supply chain from the Pilbara to Shanghai and other regions of China," Rio Tinto Chief Executive Jean-Sébastien Jacques said. "Now the real work will start." Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com (END) Dow Jones Newswires October 09, 2019 09:12 ET (13:12 GMT)
ariane
09/10/2019
13:45
SYDNEY -- Global miners have spent years trying to shrink their carbon footprint. Now they face the threat of lost business if they don't help customers do the same. An Australian regulator recently told Peabody Energy Corp. and Glencore PLC they couldn't export coal from a new mine to countries that haven't signed the Paris climate agreement. Two other Australian coal projects were scuttled this year, partly out of concern about greenhouse-gas emissions overseas. Investors, too, are growing inquisitive about miners' records on customer emissions -- partly out of fear about potential liability. Miners are responding by increasing carbon-impact disclosure, forming alliances with buyers and investing in technology to cut emissions from steel mills and power plants. BHP Group Ltd. said its scope 3 emissions -- pollution mostly created when customers transport and use the commodities it produces -- are almost 40 times greater than those generated at its own operations. "We recognize that we must work with our suppliers, customers and others to reduce these emissions across the value chain to protect demand for our products," said Geoff Healy, chief external affairs officer at BHP, the world's largest mining company by market value. In the oil industry, facing similar pressures, there is friction among large companies over whether to commit to reducing greenhouse-gas emissions from products such as gasoline -- in big part because emissions vary hugely depending on the vehicle. "Saying you won't buy from someone is relatively easy. Saying you won't sell to someone is really hard," said Paul Mitchell, Ernst & Young's global mining and metals leader. "But if we ignore societal expectations, we do it at our peril." It is almost inevitable that miners' scope 3 emissions will be regulated in some way in the future, said Mr. Mitchell, who advises companies on such issues. The mining sector's carbon footprint made its debut in fourth place on an annual EY industry survey of business risks published this month. Taking action on emissions requires miners to work closely with China, the world's top buyer of iron ore and burner of coal. While China is committed to the Paris accord -- and authorities are pressing the phaseout of old factories and imposing stricter emissions standards for vehicles -- the economy remains dominated by state-owned giants that are often inefficient and hard to influence. Miners' experience in Australia illustrates what increased regulation could involve. The approval recently given for the Peabody-Glencore United Wambo coal mine came with a big condition: Some export markets must be blacklisted. The Independent Planning Commission for New South Wales state insisted thermal coal from the project go only to places where the Paris climate agreement or other similarly tough greenhouse-gas targets are in effect. That could rule out Taiwan, which relies on coal for roughly one-third of its energy use. "It may be a brave call by the commission, but it's gotten attention," said Debra Townsend, a partner at law firm King & Wood Mallesons. The miners said spurned customers might turn to lower-quality supplies from elsewhere, adding to global pollution, but the regulator decided the need to appropriately manage greenhouse-gas emissions overrode that worry. That decision is deeply concerning, a project spokesman said. New South Wales planning minister Rob Stokes said the state government is considering new guidelines or legislation to clarify how regulators treat scope 3 emissions. Threats to miners' business go beyond pushback on new projects. Consumer brands could stop buying commodities they consider too dirty, experts say. Many are already innovating with recycled materials. In July, BHP pledged to spend $400 million over five years to develop technologies that can reduce emissions both from its operations and its customers'. "We won't stop at the mine gate," BHP Chief Executive Andrew Mackenzie said. "Use of emissions-intensive products from the resources industry have contributed significantly to global warming." BHP plans next year to publish goals for addressing emissions. Rio Tinto PLC is also drawing up scenarios for decarbonizing the steel industry. Success could materially affect the value of its core iron-ore business, it said. Meantime, miners are touting their role in the shift to a low-carbon economy by producing commodities such as copper and nickel for wind turbines and electric vehicles. On Sept. 25, Rio Tinto joined with China's biggest steelmaker, China Baowu Steel Group Corp., and Beijing's Tsinghua University on a venture to explore ways to reduce the carbon footprint of the steel industry -- which accounts for up to 9% of direct emissions from fossil fuel use, according to the World Steel Association, an industry body. Rio Tinto is part of a group aiming to improve sustainability in the aluminum sector a9nd last year joined with Alcoa Corp. and customer Apple Inc. to develop a carbon-free smelting method. Those alliances attracted interest from China's steel-industry association in a meeting with Rio Tinto in Beijing in August. "We said we should do the same for the steel supply chain from the Pilbara to Shanghai and other regions of China," Rio Tinto Chief Executive Jean-Sébastien Jacques said. "Now the real work will start." Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com (END) Dow Jones Newswires October 09, 2019 09:12 ET (13:12 GMT)
ariane
09/10/2019
13:45
SYDNEY -- Global miners have spent years trying to shrink their carbon footprint. Now they face the threat of lost business if they don't help customers do the same. An Australian regulator recently told Peabody Energy Corp. and Glencore PLC they couldn't export coal from a new mine to countries that haven't signed the Paris climate agreement. Two other Australian coal projects were scuttled this year, partly out of concern about greenhouse-gas emissions overseas. Investors, too, are growing inquisitive about miners' records on customer emissions -- partly out of fear about potential liability. Miners are responding by increasing carbon-impact disclosure, forming alliances with buyers and investing in technology to cut emissions from steel mills and power plants. BHP Group Ltd. said its scope 3 emissions -- pollution mostly created when customers transport and use the commodities it produces -- are almost 40 times greater than those generated at its own operations. "We recognize that we must work with our suppliers, customers and others to reduce these emissions across the value chain to protect demand for our products," said Geoff Healy, chief external affairs officer at BHP, the world's largest mining company by market value. In the oil industry, facing similar pressures, there is friction among large companies over whether to commit to reducing greenhouse-gas emissions from products such as gasoline -- in big part because emissions vary hugely depending on the vehicle. "Saying you won't buy from someone is relatively easy. Saying you won't sell to someone is really hard," said Paul Mitchell, Ernst & Young's global mining and metals leader. "But if we ignore societal expectations, we do it at our peril." It is almost inevitable that miners' scope 3 emissions will be regulated in some way in the future, said Mr. Mitchell, who advises companies on such issues. The mining sector's carbon footprint made its debut in fourth place on an annual EY industry survey of business risks published this month. Taking action on emissions requires miners to work closely with China, the world's top buyer of iron ore and burner of coal. While China is committed to the Paris accord -- and authorities are pressing the phaseout of old factories and imposing stricter emissions standards for vehicles -- the economy remains dominated by state-owned giants that are often inefficient and hard to influence. Miners' experience in Australia illustrates what increased regulation could involve. The approval recently given for the Peabody-Glencore United Wambo coal mine came with a big condition: Some export markets must be blacklisted. The Independent Planning Commission for New South Wales state insisted thermal coal from the project go only to places where the Paris climate agreement or other similarly tough greenhouse-gas targets are in effect. That could rule out Taiwan, which relies on coal for roughly one-third of its energy use. "It may be a brave call by the commission, but it's gotten attention," said Debra Townsend, a partner at law firm King & Wood Mallesons. The miners said spurned customers might turn to lower-quality supplies from elsewhere, adding to global pollution, but the regulator decided the need to appropriately manage greenhouse-gas emissions overrode that worry. That decision is deeply concerning, a project spokesman said. New South Wales planning minister Rob Stokes said the state government is considering new guidelines or legislation to clarify how regulators treat scope 3 emissions. Threats to miners' business go beyond pushback on new projects. Consumer brands could stop buying commodities they consider too dirty, experts say. Many are already innovating with recycled materials. In July, BHP pledged to spend $400 million over five years to develop technologies that can reduce emissions both from its operations and its customers'. "We won't stop at the mine gate," BHP Chief Executive Andrew Mackenzie said. "Use of emissions-intensive products from the resources industry have contributed significantly to global warming." BHP plans next year to publish goals for addressing emissions. Rio Tinto PLC is also drawing up scenarios for decarbonizing the steel industry. Success could materially affect the value of its core iron-ore business, it said. Meantime, miners are touting their role in the shift to a low-carbon economy by producing commodities such as copper and nickel for wind turbines and electric vehicles. On Sept. 25, Rio Tinto joined with China's biggest steelmaker, China Baowu Steel Group Corp., and Beijing's Tsinghua University on a venture to explore ways to reduce the carbon footprint of the steel industry -- which accounts for up to 9% of direct emissions from fossil fuel use, according to the World Steel Association, an industry body. Rio Tinto is part of a group aiming to improve sustainability in the aluminum sector a9nd last year joined with Alcoa Corp. and customer Apple Inc. to develop a carbon-free smelting method. Those alliances attracted interest from China's steel-industry association in a meeting with Rio Tinto in Beijing in August. "We said we should do the same for the steel supply chain from the Pilbara to Shanghai and other regions of China," Rio Tinto Chief Executive Jean-Sébastien Jacques said. "Now the real work will start." Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com (END) Dow Jones Newswires October 09, 2019 09:12 ET (13:12 GMT)
ariane
08/10/2019
16:22
Https://markets.businessinsider.com/commodities/iron-ore-price Iron Ore 93.53 USD 0.98(1.05%) Gold COMEX 1,507.20 +0.19% Silver COMEX 17.71 +0.97% Platinum NYMEX 887.50 -0.09% Copper COMEX 2.57 -0.41% Brent Crude Oil NYMEX 57.98 -0.63% Gasoline NYMEX 1.57 +0.06% Natural Gas NYMEX 2.49 -0.28% (WTI) 52.3 USD -1.28% Rio Tinto 4,026.5 -0.69% Bhp 1,671.4 -0.88% Anglo American 1,816.4 -0.91% Glencore 223.9 -0.49%
waldron
08/10/2019
13:05
BHP Group is planning to run the world�s biggest copper mine entirely on renewable power to reduce its carbon footprint. The company is in the late stages of securing a long-term contract for renewable power at Chile�s Escondida, which will likely save money compared with the current gas-fired supply,�Geoff Healy, BHP�s head of external affairs, said in an investor presentation. The announcement, which came as Extinction Rebellion protesters staged demonstrations across London, is another sign that major companies are responding to investor demands for greater action on climate change. �The bar, as you can see, is higher for us as a resource company, than for those in other industries,� Healy said. �And that is why we must move.� The change also highlights some of the tensions within the natural resources industry as it tries to go green. As BHP touts its environmental credentials by considering an exit of thermal coal and shifting to more renewable energy, the company still produces oil and gas.
brahmsnliszt
07/10/2019
15:49
Https://markets.businessinsider.com/commodities/iron-ore-price Gold COMEX 1,505.00 -0.52% Silver COMEX 17.56 -0.40% Platinum NYMEX 887.10 +0.02% Copper COMEX 2.58 +0.86% Brent Crude Oil NYMEX 59.10 +1.25% Gasoline NYMEX 1.59 +0.86% Natural Gas NYMEX 2.49 -1.51% (WTI) 53.72 USD +2.07% Rio Tinto 4,054.5 +0.47% Bhp 1,686.2 +0.18% Anglo American 1,833 +0.75% Glencore 225 -0.73%
waldron
05/10/2019
09:32
17 October 2019 08:30 AM Melbourne time (approximate) BHP Operational Review for the quarter ended 30 September 2019
sarkasm
05/10/2019
08:03
MOTELY FOOL Are Fortescue, Rio Tinto and BHP shares a buy for their dividends? Lina Lim | October 3, 2019 1:23pm | More on: BHP FMG RIO ASX iron ore miners ASX 200 iron ore miners BHP Group Ltd (ASX: BHP), Fortescue Mining Group Ltd (ASX: FMG) and Rio Tinto Limited (ASX: RIO) have all staged significant share price recoveries after iron ore supply woes throughout August. But are they a buy for their dividends, on current prices? What’s the outlook for iron ore? The iron ore spot price currently sits at around US$90 per tonne, while Chinese iron ore futures soared by more than 2% on Wednesday. I believe the market has largely internalised the news that the world’s largest iron ore miner, Vale SA, is returning to form after its tailings dam disaster earlier this year. The Brazilian miner maintained its 2019 iron ore and pellet sale guidance of 207–322 million tons, with sales expected to be around the mid-point of that range. With that in mind, the Australian government sees iron ore prices in 2019 averaging around $80 per tonne FOB, reflecting the full effect of supply disruptions and firm demand from China. However, it also expects the price to gradually decline to average $57 by 2021, as the seaborne market gradually returns to balance. In terms of global economies, China has maintained a steady level of steel production with its central bank announcing that it will continue to implement a prudent monetary policy and increase the strength of counter-cyclical measures. This should buoy the iron ore spot price and steel production levels. On the flip side, US manufacturing purchasing managers’ index (PMI) signalled that manufacturing business activity was contracting at a stronger pace than expected. This reflects lower consumer demand and a contraction in new export orders. In the short term, the iron ore spot price could maintain the US$80–90 mark as the Australian dollar continues to pivot lower on the back of lower interest rates. This could expose investors to both capital upside and strong dividends. In terms of dividend yield, Fortescue pays a whopping 14% gross yield thanks to its 195% increase in underlying net profit and 266% increase in earnings per share in FY19. This represents a 78% dividend payout ratio – a delicate position where there isn’t too much space to increase dividends, while a lower iron price could potentially lower dividends in the future. BHP and Rio Tinto, on the other hand, pay a 7.8% and 8.7% gross yield, respectively. Foolish takeaway Current market conditions are volatile as lower interest rates drive capital inflows into equity markets, while global economic is showing signs of sluggish growth. A short-term opportunity may exist for investors as iron ore prices remain steady and miners continue to reap the benefits of a higher spot price and increased steel production from China. However, investors should be wary of the medium–long term outlook and the implications that may have on dividends.
the grumpy old men
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