BHP Group (BHP Group) Dividend Payout Ratio

: 4.55 (As of Dec. 2023)

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BHP Group's dividend payout ratio for the months ended in Dec. 2023 was 4.55.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BHP Group Ltd is 1.22, which seems too high.

The historical rank and industry rank for BHP Group's Dividend Payout Ratio or its related term are showing as below:

BHP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.45 Med: 0.73 Max: 1.2
Current: 1.2

During the past 13 years, the highest Dividend Payout Ratio of BHP Group was 1.20. The lowest was 0.45. And the median was 0.73.

BHP's Dividend Payout Ratio is ranked worse than
89.06% of 265 companies
in the Metals & Mining industry
Industry Median: 0.42 vs BHP: 1.20

As of today (2024-04-16), the Dividend Yield % of BHP Group is 5.13%.

During the past 13 years, the highest Trailing Annual Dividend Yield of BHP Group was 13.69%. The lowest was 2.38%. And the median was 4.92%.

BHP Group's Dividends per Share for the months ended in Dec. 2023 was $1.60.

During the past 12 months, BHP Group's average Dividends Per Share Growth Rate was -45.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 28.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of BHP Group was 42.80% per year. The lowest was -19.50% per year. And the median was 10.75% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

BHP Group Dividend Payout Ratio Historical Data

The historical data trend for BHP Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BHP Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

0.71

0.95

0.57

0.91

1.07

BHP Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio																1.19	0.69	1.42	0.73	4.55

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, BHP Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BHP Group Dividend Payout Ratio Distribution

For the Metals & Mining industry and Basic Materials sector, BHP Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where BHP Group's Dividend Payout Ratio falls into.

BHP Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

BHP Group's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	5.3	/	4.943
	=	1.07

BHP Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	1.6	/	0.352
	=	4.55

BHP Group (NYSE:BHP) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

BHP Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of BHP Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

BHP Group (BHP Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BHP Group Ltd (NYSE:BHP) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

BHG:South Africa BHPLF:USA BHPN:Mexico BHPl:UK BHP:UK BHP1:Germany BHP:Australia BHP:Argentina

Address

171 Collins Street, Level 18, Melbourne, VIC, AUS, 3000

Website

https://www.bhp.com

BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore U.S. oil and gas assets were sold in 2018 and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. BHP is growing its nickel business to supply more battery grade nickel and is also entering the potash market through the development of its Jansen mine in Canada. It also purchased copper miner Oz Minerals in fiscal 2023.