BHP Group Limited (LON:BHP) Declares Dividend of $0.74

BHP Group Limited (LON:BHP - Get Free Report) declared a dividend on Tuesday, August 27th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 12th will be given a dividend of $0.74 per share on Thursday, October 3rd. This represents a yield of 2.7%. The ex-dividend date is Thursday, September 12th. This is an increase from BHP Group's previous dividend of $0.72. The official announcement can be viewed at this link.

BHP Group Price Performance

Shares of BHP stock traded up GBX 16 ($0.21) on Tuesday, reaching GBX 2,096 ($27.64). 1,561,335 shares of the company were exchanged, compared to its average volume of 1,269,709. The company has a market cap of £106.27 billion, a price-to-earnings ratio of 1,854.87, a P/E/G ratio of -0.78 and a beta of 0.87. BHP Group has a 1 year low of GBX 1,997 ($26.34) and a 1 year high of GBX 2,707.50 ($35.70). The business has a 50-day moving average price of GBX 2,171.90 and a 200 day moving average price of GBX 2,253.27. The company has a debt-to-equity ratio of 52.52, a quick ratio of 1.37 and a current ratio of 1.57.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on BHP shares. Royal Bank of Canada upped their target price on shares of BHP Group from GBX 4,400 ($58.02) to GBX 4,500 ($59.34) and gave the stock a "sector perform" rating in a report on Thursday, July 18th. Berenberg Bank cut their price objective on shares of BHP Group from GBX 2,100 ($27.69) to GBX 2,000 ($26.37) and set a "hold" rating for the company in a report on Thursday, July 11th. Citigroup restated a "buy" rating and set a GBX 2,500 ($32.97) target price on shares of BHP Group in a report on Thursday, July 18th. Finally, JPMorgan Chase & Co. cut their price target on BHP Group from GBX 2,720 ($35.87) to GBX 2,650 ($34.95) and set a "neutral" rating for the company in a report on Thursday, July 18th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, BHP Group presently has an average rating of "Hold" and a consensus target price of GBX 2,717.14 ($35.83).

About BHP Group

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.