Each one in plain English, with the numbers worked through for a shareholder.
9 Mar 2026dividend declaration● Neutral
BHP gave the currency conversions for its interim dividend of 73 US cents per share for the half year to 31 December 2025, which equals about 103.85 Australian cents, 54.80 British pence, 123.83 New Zealand cents and 1,162.80 South African cents. It is payable on 26 March 2026. This is a routine payment notice.
BHP gave the full currency conversions for its 60 US cent final dividend for the year to 30 June 2025, which equals about 91.93 Australian cents, 44.70 British pence, 102.83 New Zealand cents and 1,057.54 South African cents. It is payable on 25 September 2025. This follows the rand-only notice of 26 August and is a routine payment notice.
BHP set the South African rand rate for its final dividend of 60 US cents per share for the year to 30 June 2025, at 1,057.54 South African cents per share. The notice also states 20% dividend tax withholding for South African branch register holders, a net of 846.03 cents, and 5,075,992,235 shares in issue at 19 August 2025. Payment is due 25 September 2025, and the other currency rates were to be announced on 8 September. This is a routine payment notice.
BHP gave the currency conversions for its interim dividend of 50 US cents per share for the half year to 31 December 2024, which equals about 79.09 Australian cents, 38.78 British pence, 87.00 New Zealand cents and 917.94 South African cents. It is payable on 27 March 2025. This is a routine payment notice.
BHP and Lundin Mining completed the Filo Corp. acquisition and formed Vicuña Corp., a 50/50 joint venture holding the Filo del Sol and Josemaria copper projects. This completes the deal announced on 30 July 2024. BHP's total cash payment was US$2.0 billion, slightly below the US$2.1 billion expected, including US$690 million paid to Lundin Mining for 50% of Josemaria. Filo shareholders approved on 26 September 2024. Vicuña Corp. will run the projects as operator, with BHP and Lundin Mining holding equal votes.
BHP gave the currency conversions for its final dividend of 74 US cents per share for the year to 30 June 2024, which equals about 111.00 Australian cents, 56.58 British pence, 120.34 New Zealand cents and 1,305.79 South African cents. It is payable on 3 October 2024. This is a routine payment notice.
BHP and Lundin Mining agreed to jointly buy Filo Corp. (owner of the Filo del Sol copper project) for about C$4.1 billion, or C$33.00 per share, and to form a 50/50 joint venture holding Filo del Sol and Lundin's Josemaria project in Argentina and Chile. BHP's total cash payment is expected to be about US$2.1 billion, including about US$690 million for 50% of Josemaria. BHP already held a 5% stake in Filo Corp. from March 2022. Closing is expected in the first quarter of 2025, and the deals depend on each other and on Filo shareholder and court approvals.
BHP gave the currency conversions for its final dividend of 80 US cents per share for the year to 30 June 2023, which equals about 125.07 Australian cents, 64.07 British pence, 135.45 New Zealand cents and 1,494.16 South African cents. The dividend is payable on 28 September 2023. This is a routine payment notice.
JP Morgan has sold, through a bookbuild, the Woodside shares belonging to ineligible overseas holders and holders who chose the sale facility, plus the shares from rounding. The average sale price was A$29.15. Proceeds are expected to be paid to participating shareholders on 20 June 2022, and BHP will donate the proceeds from the rounded shares to charity. This closes the sale facility thread from the merger.
The merger of BHP's oil and gas business with Woodside completed on 1 June 2022. BHP received 914,768,948 Woodside shares and paid them out to eligible BHP shareholders as the in specie dividend announced on 20 May. The filing says the implied value was A$27.2 billion (US$19.6 billion), about A$5.38 per BHP share, based on Woodside's 31 May close of A$29.761. BHP also made a net cash payment of about US$0.7 billion to Woodside, subject to a post-completion review that could adjust it, and left about US$0.3 billion in the petroleum bank accounts. This resolves the merger and dividend threads. Sale proceeds for ineligible and electing holders may take up to 12 weeks.
BHP's board set an in specie (paid in shares) fully franked dividend of Woodside shares tied to the merger of BHP's oil and gas portfolio with Woodside, payable 1 June 2022 and conditional on the merger completing. Eligible holders get one Woodside share per 5.5340 BHP shares held at the 26 May 2022 record date (one Woodside ADS per 2.7670 BHP ADSs), out of the 914,768,948 Woodside shares BHP receives; ineligible overseas holders and small holders who elect can have theirs sold.
BHP corrected the Australian dollar exchange rate used for its 2022 interim dividend of 150 US cents per share, from 0.720906 to 0.720960. The corrected table gives about 208.06 Australian cents, 112.38 British pence, 223.35 New Zealand cents and 2,245.88 South African cents per share.
Following the unification, BHP amended its dividend reinvestment plan so former Plc shareholders can take part in the BHP Group Limited plan, with attached rules and terms for UK depositary interest and South African holders. Former Plc holders who had standing elections must make a new one to take part, including for the HY22 interim dividend announced that day.
The unification went through: the BHP Group Plc scheme became effective on 28 January 2022, and Plc shareholders receive one new BHP Group Limited share for each Plc share they held (ADS holders get one new Limited ADS per Plc ADS). 2,112,071,796 new Limited shares were issued, about 42% of the 5,062,323,190 total, and Plc's listings are being cancelled. This completes the process announced in December 2021.
BHP said all regulatory and competition approvals for its plan to unify its two-company structure under BHP Group Limited have been received, including South Africa's National Treasury. Shareholder meetings are set for 20 January 2022, with completion expected on 31 January 2022 if shareholders, the UK court and the listing steps all go through.
BHP signed an agreement with Hess to buy an additional 28% working interest in the Shenzi deepwater Gulf of Mexico development for US$505 million, subject to customary adjustments. This would lift BHP's stake from 44% to 72% and add about 11,000 barrels of oil equivalent per day of production (90% oil); completion is expected by December 2020, with Repsol keeping its 28%.