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News: BHP BHP Group posts 26% rise in annual profit

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    Aug 16 (Reuters) - BHP Group Ltd (BHP) said on Tuesday its annual profit rose 26%, helped by record sales at its Western Australian iron ore operations and strong commodity prices, and declared a slightly lower dividend than last year.

    Underlying profit from continuing operations for the year ended June 30 rose to $21.32 billion from $16.99 billion a year earlier, BHP said, beating a consensus estimate of $20.89 billion compiled by Vuma Financial.

    The miner's final dividend was $1.75 per share, down from a record of $2 per share last year.

 
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