BHP shares have fallen out of the global top 20 dividend payers. Here's why You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more.
Learn More BHP Group Ltd (ASX: BHP) shares are no longer among the world's top 20 dividend payers, according to the latest Janus Henderson Global Dividend Index report. It's not that the miner has slipped from its position as a dividend king amongst other businesses. In 2005, BHP paid 19.
5 cents per share in dividends. In the last 12 months, the mining giant's payout has been $2.22 per share, with a trailing yield of about 5.
5%. That's an 11.5 times growth in income alone over that 19-year period.
And BHP's payments reached as high as $4.60 per share during the mining cycle of 2022 when many companies were paying special dividends from their free cash flows. Alas, the mining giant's fall from this prestigious list highlights the latest shift in global dividend distributions.
Let's take a closer look. Why have BHP shares dropped out? The Janus Henderson report measures global dividend trends over time, allowing investors to make useful comparisons between countries and sectors. It constructs an index, with the base year of 2009 starting at 100.
It is now approaching the 250 level. Janus' latest findings show global dividends reached a Q3 record of US$431.1 billion in 2024, up 3.
1% year on...
Zach Bristow.
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BHP shares have fallen out of the global top 20 dividend payers. Here's why
BHP shares are a dividend stalwart but have dropped out of the top 20 global payers. Let's dive in and see why. - www.fool.com.au