Latest stock market news videos & Morning Bell

BHP (ASX:BHP) Reporting Season Results

Bell Direct
August 17, 2020

Australia’s biggest miner and the third biggest company on the ASX, BHP (ASX:BHP), handed down its full year financial results, here’s what you need to know.

BHP (ASX:BHP) reported underlying attributable profit of US$9.06b, broadly in line with the prior year, just down 1%. This met the mark for Bell Potter and Citi’s expectation of US$9.06b, but was less than the $9.2b the market was expecting. But it’s important to note, in the year 50% of BHP’s revenue came from Iron ore (US$20.8b).

BHP declared a total FY20 dividend of US$1.20 down 10%. That was slightly less than the US$1.23 expected. This includes the final dividend of US$0.55 per share, payable on 22 September.

BHP shares are up 58% from its COVID-19 bottom. BHP was maintained as a buy stock by Goldman Sachs and UBS.

Market Update

Bell Direct
October 25, 2017

Weekly Wrap 20 October

Bell Direct
October 20, 2017

Weekly Wrap 13 October

Bell Direct
October 13, 2017

Market Update

Bell Direct
October 11, 2017

Weely Wrap 6 October

Bell Direct
October 6, 2017

Market Update

Bell Direct
October 4, 2017

Market Update

Bell Direct
September 29, 2017

The PEAD impact on the market in September

Bell Direct
September 28, 2017

Market Update 18 September 2017

Bell Direct
September 18, 2017

Market Update

Bell Direct
September 8, 2017

Weekly Wrap 8 September

Bell Direct
September 8, 2017