BHP 1.97% $40.21 bhp group limited

Blase, glad to see you didn't buy for the dividend, it’s very...

  1. 182 Posts.
    Blase, glad to see you didn't buy for the dividend, it’s very poor, around 1.5- 2% at current SP. They claim that they make up for it by having share buy-backs, but unless you have a self managed super fund or some other way of minimising your tax, they are of no benefit (once again only designed to benefit the wealthy). I do concede however, that the buy-backs eventually have an effect through the reduced number of shares on issue, but this generally takes 6 months to a year to kick in.
    You definitely don't buy BHP for its dividend.
 
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$40.21
Change
-0.810(1.97%)
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$40.57 $40.59 $40.06 $321.6M 7.985M

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No. Vol. Price($)
3 5550 $40.20
 

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Price($) Vol. No.
$40.22 5300 2
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