The BHP dividend policy provides for a minimum 50 per cent payout of underlying attributable profit at every reporting period. The minimum dividend payment for the June 2020 half year period is 38 US cents per share, or US$1.9 billion.
The Board has determined to pay an additional amount of 17 US cents per share or US$0.9 billion, taking the final dividend to 55 US cents per share. This is equivalent to a 72 per cent payout ratio (2019: 73 per cent).
In total, dividends of US$6.1 billion (US$1.20 per share) have been decided for the 2020 financial year, including an additional amount of US$1.5 billion above the minimum payout policy.