If BHP Billiton Ltd. can’t assure credit assessors this month it’s able to bolster its balance sheet amid the global commodities rout, the world’s biggest miner may lose its prized rating status.
With Standard & Poor’s and Moody’s Investors Service both contemplating downgrades, analysts are debating how much the Melbourne-based metals and energy producer needs to cut payouts to shareholders when it reports half-year financial results on Feb. 23. Pressure is growing for BHP to abandon its progressive dividend policy, reassess capital spending and even consider a share sale.
http://www.bloomberg.com/news/artic...s-to-act-as-prices-rout-endangers-its-solid-a
News: BHP S&P cuts BHP Billiton to 'A' from 'A+', page-43
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Last
$43.40 |
Change
-0.160(0.37%) |
Mkt cap ! $220.1B | |||
| Open | High | Low | Value | Volume |
| $43.11 | $43.56 | $43.09 | $248.4M | 5.730M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5716 | $43.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.41 | 4801 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |