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$42.41 bhp group limited

Ok - so you are talking UK and NOT AustraliaYou may get charged...

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Golden Fleece

3,445 Posts.

244

17/11/23

07:07

Post #: 70952886
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Originally posted by jnkmbx: ↑

@Golden Fleece
Since BHP delegates DRP operations to a third-party, Computershare (UK), there are costs rendered which are passed onto shareholders. It is not the usual scenario where a company will manage their DRP internally.

Key excerpts of the documentation
"The Plan is administered in the UK by Computershare Investor Services PLC (Service) and not by the Company"
"We will use the cash dividend paid to you by the Company to buy new Shares in the Company."
"We do not charge you any fees for joining the Plan but each time we buy Shares for you we will charge you a dealing fee"
"We will deduct these amounts from your cash dividends before buying the Shares."

The currency conversion likely occurs when they deduct their fees from the dividend amount.

I have had particular holdings paying dividends into international accounts and the currency conversion rate has always been provided in the dividend statements, so I believe BHP would do the same when generating DRP statements.

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Ok - so you are talking UK and NOT Australia

You may get charged in England but there are no charges in Australia

BHP Price at posting: $46.56 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $42.41		Change 0.030(0.07%)		Mkt cap ! $215.0B

Open	High	Low	Value	Volume
$42.50	$42.65	$42.22	$486.6M	11.45M

Buyers (Bids)

No.	Vol.	Price($)
5	12579	$42.40

Sellers (Offers)

Price($)	Vol.	No.
$42.45	1000	1

View Market Depth

No.	Vol.	Price($)
5	12579	42.400
4	11203	42.390
8	10669	42.380
5	2774	42.370
3	15354	42.360

Price($)	Vol.	No.
42.450	1000	1
42.470	100	1
42.480	50	1
42.500	1919	5
42.530	541	2

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last $42.40			Change 0.030 ( 0.01 %)
Open	High		Low	Volume
$42.64	$42.65		$42.22	1987414
Last updated 15.59pm 03/05/2024 ?

BHP (ASX) Chart