On 20 February 2024, the Board of BHP determined to pay an interim dividend of 72 US cents per share for the half-year ended 31 December 2023.
The currency exchange rate applicable for the 2024 Interim Dividend payable in South African cents to shareholders on the BHP Group Limited South African branch register is based on the average rate over the period commencing on 23 February 2024 and ending on 26 February 2024 and is set out below:
Dividend 72 US cents per ordinary share | Exchange rate | Dividend per ordinary share in local currency |
South African cents | 19.28415 | 1,388.45880 |
The exchange rates applicable to the BHP dividend being paid in other currencies will be based on the foreign currency exchange rates on a single day or an average period of days ending on or before the dividend Record Date, being 8 March 2024. The applicable foreign currency exchange rates will be announced to the market on 11 March 2024.
The dividend will be paid on Thursday, 28 March 2024.
NOTE: Additional information required by the JSE Listing Requirements
- The divided per ordinary share in local currency in the table above is stated as a gross dividend.
- The dividend should be regarded as a ‘foreign dividend’ for the purposes of South African income tax and South African dividends tax (Dividend Tax).
- Dividend Tax will be withheld from the amount of the gross interim dividend paid to shareholders on the BHP Group Limited South African branch register at the rate of 20 per cent, unless a shareholder qualifies for an exemption.
- After the Dividend Tax has been withheld, the net dividend will be 1,110.76704 South African cents per ordinary share.
- BHP Group Limited had a total of 5,068,739,787 ordinary shares in issue at the dividend determination date of 20 February 2024.
- The dividend will be paid out of retained earnings.
- For the avoidance of doubt, Dividend Tax, and therefore the information provided in this announcement, is only of direct application to shareholders on the BHP Group Limited South African branch register.
Shareholders holding dematerialised shares in Computershare Nominees should direct all queries in relation to the interim dividend including queries relating to the Dividend Tax to:
BHP Group Limited Branch Registrar and Transfer Secretary
Computershare Investor Services (Pty) Limited
Rosebank Towers
15 Biermann Avenue
Rosebank
2196
South Africa
Private Bag X9000
Saxonwold
2132 South Africa
Telephone +27 11 370 5000 or 086 110 0634 (within South Africa) on weekdays between 8:00am and 4:30pm (SAST).
Facsimile +27 11 688 5217