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. Currency conversions are based on foreign currency exchange rates on a single day or an average for a period of days ending on or before the Record Date, being 8 March 2024.
For the 2024 interim dividend:
(i) the Australian dollar currency conversion will be based on the average rate over the period commencing on 6 March 2024 and ending on 8 March 2024;
(ii) the GBP pounds sterling currency conversion will be based on the rate on 8 March 2024;
(iii) the New Zealand dollar currency conversion will be based on the rate on 8 March 2024; and
(iv) the ZAR South African rand currency conversion will be based on the average rate over the period commencing on 23 February 2024 and ending on 26 February 20241.
The following table sets out the currency exchange rates applicable for the dividend:
| Dividend 72 US cents per ordinary share | Exchange rate | Dividend per ordinary share in local currency |
| Australian cents | 0.656817 | 109.619574 |
| British pence | 1.278900 | 56.298381 |
| New Zealand cents | 0.616700 | 116.750446 |
| South African cents | 19.28415 | 1,388.45880 |
Shareholders on the Australian, UK and South African share registers who are receiving dividends in AUD, GBP and ZAR respectively will have their dividend amounts converted directly from USD at the relevant exchange rate stated above.
Shareholders on the Australian register may elect to receive their dividend in NZD, GBP or USD. Shareholders who have elected to receive their dividends in a currency other than AUD will have their dividend amounts converted using the AUD/USD conversion rate (above), before being converted into the currency of payment at the below rates2:
NZD/AUD: 0.932064
GBP/AUD: 1.932895
For example, a shareholder on the Australian share register who elects to receive their dividend in NZD will first have their dividend amount converted from USD to AUD, and then from AUD to NZD. The NZD/USD exchange rate and NZD equivalent amount per share stated in the table above are for illustrative purposes only and may differ from the actual rate and amount applied.
Shareholders on the South African register will only receive dividends in ZAR.
The dividend will be paid on 28 March 2024.
1 On 27 February 2024, BHP announced the currency exchange rate applicable to the dividend payable in South African cents.
2 For the secondary conversion, the NZD/AUD and GBP/AUD currency conversions will be based on the rates on 8 March 2024.
