Did BHP just announce ~14to20% div increase next year?????

Did BHP just announce ~14to20% div increase next year??????
some extracts from announcements plus my interpretations&projections - for comment please
Re the split: "BHPB shareholders would receive an-specie distribution of shares in (NewCo) on a pro-rata basis, as well as retaining their existing shares in BHPB"
- so you keep your BHPB and get NewCo shares worth roughly (haven't done detail analysis) 15% of oldBHP value.
1. "BHPB will seek to steadily increase or at least maintain the dividend per share in US dollar terms at each half yearly payment following the merger, implying a higher payout ratio."
So for newBHPB,
you get 100% of current div (for only the rough 85% of oldBHPB value remaining in newBHPB)
plus probably 4% more (as they always say "increase or at least maintain" and always increase it a bit)
2. "NewCo is expected to have a strong balance sheet with minimal net debt …(and)…have the flexibility to consider a dividend policy that reflects its cash generating capacity."
So for newCo,
you get about 10% more div (assuming initial newCo div is at only 2/3 of oldBHPB rate, i.e. 2/3x15%of oldBHP value).
So that is total divs next year of 114% of current div.
Without adding in anything special, or higher div growth for newBHPB, or capital management.
Seems like they are giving us a very positive message ( a little obliquely) that dividends are going to grow strongly.
What do you think?