LSE:BHP (BHP Group)
About BHP
BHP Group Plc is a globally diversified mining business originally established in 1885. Today the group has operations in 90 different locations worldwide and is an active producer of commodities, including iron ore, copper, nickel, potash, gold, silver, zinc, molybdenum, uranium, and coking coal (for steelmaking).
The group also used to produce oil & gas products. However, in recent years management has shifted strategies to focus on supplying raw materials needed for the transition to renewable energy technologies and electric vehicles. As such, most of its oil & gas assets were sold off in 2018. And its remaining petroleum projects were spun off and merged with Woodside in 2022.
Frequently Asked Questions
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Mining companies are notoriously cyclical. When commodity prices are on the rise, profits swell thanks to the fixed operating costs. However, this also works in reverse.
BHP is quickly establishing mining projects to supply battery-grade nickel that will be essential in the mass production of electric vehicles. But with no pricing power, the BHP share price is ultimately at the mercy of commodity demand and global supply. This risk factor should be considered by investors before making an investment decision.
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Yes. BHP Group shares pay a cash dividend at an average 77% payout ratio.
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BHP shares pay out a dividend twice a year, in March and September.
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BHP shares are listed on the London Stock Exchange. They can be bought from any investment account that provides access to this exchange platform.