RIO has a payout ratio of around 50%, it held back due to COVID. Still a massive interim dividend for them. BHPs is the final dividend so usually larger than interim with all things being equal. POO tanked in the last 6 months, but iron ore higher, so overall may cancel each other out. COVID is the issue.
I imagine BHP will be conservative due to COVID concerns. My bet $US0.60-$US70. So circa AUD0.85 to $1.00 on rough FX.
RIO isn’t great outside it’s splendid iron ore business. And Winu appears to be more of a gold focus. Maybe they’ll surprise us with a smaller high grade copper deposit somewhere. That maiden resource isn’t what I was hoping for, and not tier 1. Maybe RIO moves into gold mining.. not bad given the current price. Mongolia concerns me and Aluminium is loaded with problems from legacy assets around the world being destroyed by stupid renewable energy policies such as Australia.
BHP Dividend Guestimate, page-49
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Last
$41.02 |
Change
-0.240(0.58%) |
Mkt cap ! $208.0B | |||
| Open | High | Low | Value | Volume |
| $41.02 | $41.28 | $40.88 | $296.1M | 7.214M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1453 | $41.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.03 | 1000 | 1 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |