GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BHP Group Ltd (OTCPK:BHPLF) » Definitions » 3-Year Dividend Growth Rate

BHP Group (BHP Group) 3-Year Dividend Growth Rate

: 24.80% (As of Dec. 2023)
View and export this data going back to . Start your Free Trial

BHP Group's Dividends per Share for the six months ended in Dec. 2023 was $0.80.

The historical rank and industry rank for BHP Group's 3-Year Dividend Growth Rate or its related term are showing as below:

BHPLF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -19.5   Med: 10.75   Max: 42.8
Current: 24.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of BHP Group was 42.80% per year. The lowest was -19.50% per year. And the median was 10.75% per year.

BHPLF's 3-Year Dividend Growth Rate is ranked better than
51.11% of 180 companies
in the Metals & Mining industry
Industry Median: 23.1 vs BHPLF: 24.80

During the past 12 months, BHP Group's average Dividends Per Share Growth Rate was -45.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 28.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

BHP Group's Dividend Payout Ratio for the six months ended in Dec. 2023 was 4.55. As of today, BHP Group's Dividend Yield % is 5.19%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BHP Group Ltd is 1.22, which seems too high.

Warning Sign:

BHP Group Ltd stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Other Industrial Metals & Mining subindustry, BHP Group's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BHP Group 3-Year Dividend Growth Rate Distribution

For the Metals & Mining industry and Basic Materials sector, BHP Group's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where BHP Group's 3-Year Dividend Growth Rate falls into.



BHP Group 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


BHP Group  (OTCPK:BHPLF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

BHP Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.8/ 0.176
=4.55

During the past 13 years, the highest Dividend Payout Ratio of BHP Group was 1.20. The lowest was 0.45. And the median was 0.73.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BHP Group Ltd is 1.22, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

BHP Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7202024-03-072024-03-082024-03-28Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.8002023-09-072023-09-082023-09-28Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

BHP Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.52/29.316
=5.18 %

Current Share Price is $29.316.
BHP Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.52.

During the past 13 years, the highest Dividend Yield of BHP Group was 13.69%. The lowest was 2.38%. And the median was 4.92%.

Warning Sign:

BHP Group Ltd stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BHP Group 3-Year Dividend Growth Rate Related Terms>


BHP Group (BHP Group) Business Description

Address
171 Collins Street, Level 18, Melbourne, VIC, AUS, 3000
BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore U.S. oil and gas assets were sold in 2018 and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. BHP is growing its nickel business to supply more battery grade nickel and is also entering the potash market through the development of its Jansen mine in Canada. It also purchased copper miner Oz Minerals in fiscal 2023.

BHP Group (BHP Group) Headlines

From GuruFocus

The World According to BHP

By The City Letter 08-22-2023

3 High-Return Stock Picks

By Alberto Abaterusso Alberto Abaterusso 11-13-2020

3 High Yield Stocks for the Dividend Investor

By Alberto Abaterusso Alberto Abaterusso 06-01-2021

6 Guru Stocks With High Dividend Yields

By Tiziano Frateschi Tiziano Frateschi 09-09-2020

BHP Group Stock Is Believed To Be Fairly Valued

By GF Value GF Value 04-30-2021

BHP Downgraded at Bernstein

By Steve Gray Booyens 09-25-2023

BHP and Microsoft use AI to lift Escondida copper recovery

By sperokesalga sperokesalga 05-30-2023