BHP Group Limited Reveals Final FY24 Dividend

August 28, 2024 02:10 PM AEST | By Team Kalkine Media

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BHP Group Limited Reveals Final FY24 Dividend — Image source: shutterstock

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On 27 August 2024, BHP Group Limited (ASX:BHP), one of the world's leading resources companies, made a significant announcement regarding its financial year ending 30 June 2024. The board of BHP, a leading ASX mining stock, has determined to pay a final dividend of 74 US cents per share. This dividend will be fully franked, providing tax benefits for Australian shareholders. The decision underscores BHP's commitment to returning value to its shareholders amidst a robust financial performance for the fiscal year.

For shareholders across various international exchanges, several key dates have been set to ensure that they are aware of when they must hold shares to be eligible for the dividend. On the Johannesburg Stock Exchange (JSE), the ex-dividend date is scheduled for 11 September 2024. This means that anyone purchasing shares on or after this date will not be entitled to the upcoming dividend.

For those trading on the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE), the ex-dividend date is set for 12 September 2024. Similarly, for investors on the New York Stock Exchange (NYSE), the ex-dividend date is one day later on 13 September 2024. The record date, which is the cutoff for shareholders to be officially recognized for the dividend payment, is also set for 13 September 2024 across all exchanges.

Following these dates, BHP Group Limited will process the dividend payments, which are slated to be disbursed on 3 October 2024. This payment date marks the day when eligible shareholders will receive their dividend payouts.

This dividend announcement reflects BHP's continued strong performance and its focus on providing returns to its investors. The fully franked status of the dividend will be particularly advantageous for Australian shareholders, as it will offer tax credits against their Australian income tax liabilities.

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