Mining giant announces record dividend payout
Global mining giant BHP Billiton, which operates an oil and gas operation in Liverpool Bay, is paying a record dividend, despite a series of one-off charges.
Announcing its annual results to June 30, today, the Anglo-Australian group said it will raise its final dividend by 42% to a record 63 US cents per share, taking total dividend payouts for the year to £1.9bn.
Pre-tax profits of £11.54bn were a third better than the previou syear, while revenues climbed by 20% to £34bn.
However, net profit fell by 37% to £2.88bn afte... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
