Is BHP Group a good dividend stock?

BHP Group (NYSE:BBL) pays an annual dividend of $8.00 per share and currently has a dividend yield of 12.16%. BBL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 133.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BBL will have a dividend payout ratio of 132.45% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for BBL .

What other stocks do shareholders of BHP Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BHP Group investors own include Bank of America (BAC) , Intelsat (I) , Fossil Group (FOSL) , Associated British Foods (ABF) , AMC Entertainment (AMC) , Apollo Global Management (APO) , Chaarat Gold (CGH) , Ciena (CIEN) , BHP Group (BHP) and China Unicom (Hong Kong) (CHU) .

NYSE:BBL

BHP Group (BBL) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

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Today's Range: $63.18
▼
$64.63
50-Day Range: $58.55
▼
$67.99
52-Week Range: $49.50
▼
$69.31

Volume: 14.42 million shs
Average Volume: 5.67 million shs
Market Capitalization: $67.78 billion

P/E Ratio: 10.70
Dividend Yield: 12.46%
Price Target: N/A

Stock Analysis

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About BHP Group Stock (NYSE:BBL)

BHP Group Plc engages in the exploration, development, production, processing and marketing of minerals, and oil and gas. It operates through the following segments: Petroleum, Copper, Iron Ore, and Coal. The Petroleum segment focuses on exploration, development, and production of oil and gas. The Copper segment includes mining of copper, silver, lead, zinc, molybdenum, uranium, and gold. The Iron Ore segment focuses only on mining of iron ore. The Coal segment is the mining of metallurgical coal and thermal energy coal. The company was founded on June 29, 2001 and is headquartered in London, the United Kingdom.

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BBL Stock News Headlines

April 18, 2024 | seekingalpha.com

BHP keeps full-year iron ore output guidance despite quarterly drop

March 28, 2024 | msn.com

Ukraine attacks on Russian infrastructure mixed for crude - Goldman

April 19, 2024 | Timothy Sykes (Ad)

Urgent alert: open this for a huge profit potential

This groundbreaking technology that Tim calls “Inception” isn’t being talked about anywhere… not on Fox, Yahoo, or CNBC.

March 18, 2024 | benzinga.com

BHP Scales Back: Contractor Workforce Reportedly Trimmed At West Musgrave Project In Western Australia

February 28, 2024 | msn.com

BHP sheds jobs in major worldwide restructuring - report

February 15, 2024 | msn.com

Thousands of jobs at risk as BHP considers shut down of WA nickel operations

February 14, 2024 | ca.finance.yahoo.com

BHP Group warns of $2.5 billion non-cash charge from nickel operations

January 29, 2024 | reuters.com

Impact on commodities due to chaos in the Red Sea

April 19, 2024 | Timothy Sykes (Ad)

Urgent alert: open this for a huge profit potential

This groundbreaking technology that Tim calls “Inception” isn’t being talked about anywhere… not on Fox, Yahoo, or CNBC.

January 18, 2024 | msn.com

BHP Blues: Shares Stumble on First-Half Update, Nickel Woes

January 18, 2024 | au.news.yahoo.com

Giddey cleared of inappropriate relationship

December 5, 2023 | forbes.com

Woodside/Santos Merger Talk Resurfaces After U.S. Oil Deals

November 27, 2023 | msn.com

Brent slips toward $80/bbl ahead of OPEC+ meeting

October 31, 2023 | benzinga.com

Mining Giant BHP Group Bumps Up Investment In Potash; Approves C$6.4B For Stage 2 Of Jansen Project

October 14, 2023 | nz.finance.yahoo.com

BHP Group Limited (BHP) interactive stock chart – Yahoo Finance

July 21, 2023 | investing.com

CLSA maintains BHP Group Ltd at 'underperform' with a price target of AUD42.50

June 28, 2023 | financialpost.com

Mining Giant BHP Wants Australia to Scrap Nuclear Power Ban

May 27, 2023 | finance.yahoo.com

Rhenium Production by Country: Top 10 Countries

April 24, 2023 | markets.businessinsider.com

Barclays Reaffirms Their Hold Rating on BHP Group Ltd (BHPLF)

April 6, 2023 | seekingalpha.com

BHP: The More It Drops, The More We Buy

March 29, 2023 | financialpost.com

BHP Group seeks delay to Brazil dam court case

March 9, 2023 | finance.yahoo.com

BHP Group Limited (BHP) Interactive Stock Chart - Yahoo Finance

March 6, 2023 | seekingalpha.com

BHP Group: Future Looks Good, But The Stock Is Not Yet A Buy

March 4, 2023 | seekingalpha.com

BHP Group (BHP) Presents At The BMO Global Metals, Mining & Critical Minerals Conference,

February 25, 2023 | nypost.com

I got a BBL and liposuction — it felt like I got burned all over my body

February 23, 2023 | seekingalpha.com

BHP Group: China's Recovery Faces A Hawkish Fed (Rating Downgrade)

February 22, 2023 | seekingalpha.com

BHP Group: Focus On The Outlook

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Company Calendar

Today: 4/19/2024
Fiscal Year End: 6/30/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Bituminous Coal & Lignite Mining
Sub-Industry: N/A
Current Symbol: NYSE:BBL
CUSIP: N/A
CIK: 1171264
Web: www.bhp.com
Phone: 442078024000
Fax: 44-20-7802-4111
Employees: 31,589
Year Founded: 1851

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 10.70
Forward P/E Ratio: 10.14
P/E Growth: 2.45
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 0.33
Current Ratio: 1.63
Quick Ratio: 1.36

Sales & Book Value

Annual Sales: $60.82 billion
Price / Sales: 1.11
Cash Flow: $22.60 per share
Price / Cash Flow: 2.84
Book Value: $52.65 per share
Price / Book: 1.22

Miscellaneous

Outstanding Shares: 1,056,036,000
Free Float: N/A
Market Cap: $67.78 billion
Optionable: Optionable
Beta: 1.06

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Key Executives

Mike Henry
Chief Executive Officer & Executive Director
Geraldine Ann Slattery
President-Petroleum Operations
David Mark Lamont
Chief Financial Officer
Laura Tyler
Chief Technical Officer
Daniel Malchuk
President Operations-Minerals Americas

Key Competitors

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Should I Buy BHP Group Stock? BBL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in BHP Group:

BHP Group recently approved a significant investment of C$6.4 billion for Stage 2 of the Jansen potash project, indicating a commitment to growth and diversification in its operations.
The company operates in various segments including Petroleum, Copper, Iron Ore, and Coal, providing diversification across different commodities which can help mitigate risks associated with a single sector.
BHP Group's focus on exploration, development, and production of oil and gas in the Petroleum segment can benefit from potential increases in energy prices, leading to improved profitability.
The mining of copper, silver, lead, zinc, and other metals in the Copper segment positions BHP Group to capitalize on the growing demand for these commodities in various industries.
Investors may find BHP Group's mining of metallurgical coal and thermal energy coal in the Coal segment appealing due to the ongoing global demand for coal in steel production and energy generation.

Cons

Investors should be bearish about investing in BHP Group for these reasons:

Volatility in commodity prices can significantly impact BHP Group's financial performance, as the company's revenue is closely tied to the prices of minerals, oil, and gas.
Regulatory changes and environmental concerns related to mining activities could lead to increased operational costs and potential disruptions in production for BHP Group.
Global economic conditions and geopolitical factors can influence demand for commodities, affecting BHP Group's profitability and stock performance.
Fluctuations in currency exchange rates may impact BHP Group's earnings, especially since the company operates in multiple countries with different currencies.
Investors should consider the current stock price of BHP Group and evaluate whether it aligns with their investment goals and risk tolerance before making investment decisions.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these BHP Group pros and cons to contact@marketbeat.com.

BBL Stock Analysis - Frequently Asked Questions

Is BHP Group a good dividend stock?: BHP Group (NYSE:BBL) pays an annual dividend of $8.00 per share and currently has a dividend yield of 12.16%. BBL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 133.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BBL will have a dividend payout ratio of 132.45% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BBL.
What other stocks do shareholders of BHP Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other BHP Group investors own include Bank of America (BAC), Intelsat (I), Fossil Group (FOSL), Associated British Foods (ABF), AMC Entertainment (AMC), Apollo Global Management (APO), Chaarat Gold (CGH), Ciena (CIEN), BHP Group (BHP) and China Unicom (Hong Kong) (CHU).

This page (NYSE:BBL) was last updated on 4/19/2024 by MarketBeat.com Staff

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BHP Group (BBL) Stock Price, News & Analysis

About BHP Group Stock (NYSE:BBL)

BBL Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Should I Buy BHP Group Stock? BBL Pros and Cons Explained

Pros

Cons

BBL Stock Analysis - Frequently Asked Questions

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