Why is BHP Group (ASX:BHP) on investors’ radar

2 min read | June 06, 2022 12:57 PM AEST | By Sukriti Nair

Google News:

Why is BHP Group (ASX:BHP) on investors’ radar — Image source: © Transversospinales | Megapixl.com

Recent News

Why Is Goodman Group (ASX:GMG) Powering ASX A-REITs?

Why Is Charter Hall (ASX:CHC) Defying the Property Slump?

Could MEK (ASX:MEK) Be the Small-Cap Gold Story Gathering Momentum?

(ASX:AL3) Can AML3D Defy the Small-Cap Slump?

Make Kalkine Media
My Trusted Source

Highlights

BHP share price has garnered a lot of attention on the ASX lately, thanks to merger with Woodside.

While BHP share price is down 0.09% in a month, it has advanced 5% in last five trade days.

Global resources giant BHP Group Limited's (ASX:BHP) shares have held investors' interest lately. Woodside has acquired all the share capital of BHP Petroleum. Post this, Woodside Energy (ASX:WDS), has become the largest ASX-listed energy company now.

BHP Group after this merger, holds a market capitalisation of AU$236.71 billion on the ASX. The BHP share price has advanced almost 4% in the last five trade days. Although BHP share price is down about 0.56% over last month, on a YTD basis it is up over 9%. In the past five years the company’s share price has advanced nearly close to a 100%. Meanwhile, the annual dividend yield on BHP shares is over 9.13% as of date (6 June, 8:26 AM, AEST).

Snapshot of BHP share’s price performance on ASX?

BHP Group Limited’s share price is quoted in the 52-week price range of AU$35.560 to AU$54.550 apiece.

BHP paid its latest dividend on 1 June 2022. It was a fully-franked distribution to shareholders in connection with the Woodside merger.

BHP’s latest operational updates

As per BHP’s latest quarterly update related to March 2022, the quarterly production of copper, iron ore coal and nickel has increased.

As at March end, BHP had two major projects under development, the Jansen mine shafts project and the Jansen Stage 1 project.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.