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Bumper payday for BHP investors as record dividend declared, stunning iron ore prices pocketed – NEWS.com.au
Bumper payday for BHP investors as record dividend declared, stunning iron ore prices pocketed
Mining behemoth BHP is rewarding shareholders with the biggest dividend in its history after booking a surge in half-year underlying profit, as record shipments from its flagship iron ore mines in Western Australia coincide with high prices for the steelmaking commodity.Underlying profit for the six months to December 31 rose 16 per cent to $US6.03bn ($A7.73bn), while net debt fell 7 per cent to $US11.83bn ($A15.16bn).
Chief executive Mike Henry said it was a strong set of results, with record copper…
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