The Brains Trust - 2021, page-1808

BHP
Got this from an investment mate the other day:

"If you’re looking to buy an income from Shares, then BHP may be worth consideration. Interim dividend of $2.74 FF goes ex-div on 2/9/21. If you’re in full pension phase you won’t pay much tax so the interim dividend is worth close to $3.90 when you get franking credits back. If BHP are generous enough to continue with that level of dividend you would get annual gross dividend of $7.80 (17% yield on current share price). If you act before the ex-div date you could get 3 dividends in the next 12 months, grossing $11.70 and yielding a massive 26% in just over 12 months. If the iron ore price comes off further and BHP share price drops, as you might expect, you’ll have a pretty good buffer before you start losing money.

Additionally you’ll possibly get some Woodside shares for nothing next year when/if they do the merger.

Now not something I would normally report on here but charts are "interesting" .... any BT thoughts?

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