BHP 1.20% $41.98 bhp group limited

Ann: BHP completes divestment of BMC interest, page-56

  1. 1,710 Posts.
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    BHP has handed out around $4.90 in dividends (without franking credits) in FY22 without the revenue from O&G. At current prices that is around an 11% yield and close to 15% once franking credits are taken into account. I am currently living off the dividends that BHP are paying without having to sell any of my share portfolio or dipping into super. I'm not seeing(IMO) any reason why commodity prices are going to collapse for an extended period with the global demand for Steel & Copper set to be strong for decades to come(IMO). My future plans were based for BHP dividends at around 30% of the FY22 levels so they would really need to come down quickly and for a long period of time to upset me.

    I also believe (IMO) that the demerger is already taken into account in the current BHP price and while the price might dip on the demerger effective date (because trader do what traders do) it will quickly return to higher levels(IMO) with the fantastic yields that BHP generate. I'm also about to receive around $6 per BHP share of WPL shares which also are a high yield share. Great companies massive future. IMO

    Changed sentiment to buy at these prices. Position hold for long term.

 
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