I've got to say that when a company like BHP can make that big a profit and only offer shareholders a 2% dividend , it is quite frankly - POOR. RIO is another one , massive increase in profits and the dividend does not reflect it. I own shares in both. Return on capital over the past 12 months has been approx 12-15%
In comparison Atlas Iron AGO & Fortescue FMG although not paying a dividend have returned me 40% plus on my capital over the past 12 months.
I constantly hear the brokers saying "oh you gotta have BHP & RIO in your portfolios" , but I have to ask "WHY". If I want to make as much money as I can I should be buying shares in companies that have potential for huge capital returns.
At least the banks are giving me 6% fully franked - I think BHP & RIO could learn from them.
Not impressed Jan.
dividend !!!
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Last
$39.21 |
Change
-0.410(1.03%) |
Mkt cap ! $198.8B | |||
| Open | High | Low | Value | Volume |
| $39.31 | $39.43 | $38.76 | $484.6M | 12.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 550 | $39.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.23 | 47 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |