Simplistically if iron ore prices remained high, yes.
or even more simplistically high commodity prices yes it would!
The benefits of decades of investment into expensive and best in the world infrastructure in iron ore, then to a lesser extent coal and copper is why BHP can now pay extremely high dividends. This could continue if prices remain high.
BHP Price at posting:
$45.73 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)