BHP reports higher profit and announces highest dividend in four years
BHP CEO Brandon Craig highlighted a project pipeline aimed at lifting copper production by up to 40% by 2035 even as output drops near term. The miner reported a 30% rise in full-year underlying attributable profit to $13.20 billion and declared a final dividend of 99 cents per share, the highest in four years. Net debt fell to $8.69 billion and iron ore operating earnings were $14.67 billion.
Coverage (4)
- BHP (NYSE: BHP) leans on copper, Jansen after profit jump (stocktitan.net)
- BHP profit tops estimates as copper powers growth, to pay highest dividend in 4 years (reuters.com)
- BHP Profit Jumps on Metal Prices as Focus Shifts to Copper (bloomberg.com)
- BHP Profit Jumps On Higher Copper Prices, Record Iron Ore Output (bloomberg.com)