BHP massive results and OZL takeover update/thoughts

August 25, 2022
BHP massive results and OZL takeover update/thoughts
Life Of Mine
BHP massive results and OZL takeover update/thoughts

Aug 25 2022 |

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Show Notes

BHP (ASX:BHP)

– US$23.8 billion underlying attributable full year profit which blew analysts forecast out of the water and resulted in a US$8.9 billion dividend or US$1.75 per share (full year US$3.25)

– 2nd largest annual dividend of any global public company (2nd to Microsoft).

– Leading the charge was the iron ore division which has grand plans to creep up production by 10% to 300mtpa and ultimately 330mtpa.

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