BHP Group Limited Sponsored ADR (BHP) To Go Ex-Dividend on September 4th

BHP Group Limited Sponsored ADR (NYSE:BHP) declared a dividend on Monday, August 24th. Stockholders of record on Friday, September 4th will be paid a dividend of 1.98 per share by the mining company on Wednesday, September 23rd. This represents a dividend yield of 404.0%. The ex-dividend date is Friday, September 4th.

BHP Group has decreased its dividend payment by an average of 0.0%per year over the last three years. BHP Group has a payout ratio of 95.6% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Equities analysts expect BHP Group to earn $5.09 per share next year, which means the company should continue to be able to cover its $3.93 annual dividend with an expected future payout ratio of 77.2%.

BHP Group Stock Performance

Shares of BHP Group stock opened at $92.76 on Wednesday. The company has a quick ratio of 1.48, a current ratio of 1.88 and a debt-to-equity ratio of 0.43. The company has a 50 day moving average of $86.50 and a 200-day moving average of $82.05. BHP Group has a 1-year low of $51.83 and a 1-year high of $98.71.

BHP Group Company Profile

BHP Group is an Anglo-Australian natural resources company engaged principally in the exploration, development, production and marketing of commodities. Its core businesses include the extraction and processing of iron ore, copper, metallurgical and thermal coal, nickel and other minerals. BHP operates large-scale mining and processing assets and supplies raw materials used across steelmaking, energy and industrial supply chains.

The company has a global operating footprint with significant assets and projects in Australia and the Americas, and commercial activities that serve customers worldwide.