on site

Notice of interim dividend for 2025

An interim dividend of US$0.50 per share (US$2.5 bn) has been determined, equivalent to a 50% payout ratio, with a payment date to shareholders of 27 March 2025.

BHP’s Dividend Reinvestment Plan (DRP) will operate in respect of the interim dividend. Full terms and conditions of the DRP and details about how to participate can be found at: bhp.com/DRP

Events in respect of the interim dividend 

Announcement of currency conversion into RAND 25 February 2025
Last day to trade cum dividend on Johannesburg Stock Exchange Limited (JSE) 4 March 2025
Ex-Dividend Date JSE 5 March 2025
Ex-dividend Date Australian Securities Exchange (ASX) and London Stock Exchange (LSE) 6 March 2025
 Ex-dividend Date New York Stock Exchange (NYSE) 7 March 2025
Record Date 7 March 2025
 Announcement of currency conversion into AUD, GBP and NZD 11 March 2025
DRP and Currency Election date  11 March 20251
Payment Date 27 March 2025
DRP Allocation Date2  10 April 2025

 

Shareholders registered on the South African branch register will not be able to dematerialise or rematerialise their shareholdings between the dates of 4 March 2025 and 7 March 2025 (inclusive), and transfers between the Australian register and the South African branch register will not be permitted between the dates of 25 February 2025 and 7 March 2025 (inclusive). American Depositary Shares (ADSs) each represent two fully paid ordinary shares and receive dividends accordingly.

Any eligible shareholder who wishes to participate in the DRP, or to vary a participation election should do so before 5.00 p.m. (AEDT) on 11 March 2025, or, in the case of shareholdings on the South African branch register of BHP Group Limited, in accordance with the instructions of your CSDP or broker. The DRP Allocation Price will be calculated in each jurisdiction as an average of the price paid for all shares actually purchased to satisfy DRP elections. The DRP Allocation Price applicable to each exchange will be made available at: bhp.com/DRP

1 5:00pm AEDT.

2 Allocation dates may vary between registers but all allocations will be completed on or before 10 April 2025.

Shareholders registered on the South African branch register will not be able to dematerialise or rematerialise their shareholdings between the dates of 4 March 2025 and 7 March 2025 (inclusive), and transfers between the Australian register and the South African branch register will not be permitted between the dates of 25 February 2025 and 7 March 2025 (inclusive). American Depositary Shares (ADSs) each represent two fully paid ordinary shares and receive dividends accordingly. 

On 18 February 2025, the Board of BHP determined to pay an interim dividend of 50 US cents per share for the half year ended 31 December 2024. 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 7 March 2025.

For the 2025 interim dividend:

  1. the AUD Australian dollar currency conversion will be based on the average rate over the period commencing on 6 March 2025 and ending on 7 March 2025; 
  2. the GBP pound sterling currency conversion will be based on the rate on 7 March 2025; 
  3. the NZD New Zealand dollar currency conversion will be based on the rate on 7 March 2025; and
  4. the ZAR South African rand currency conversion will be based on the average rate over the period commencing on 21 February 2025 and ending 22 February 20253.
     

The following table sets out the currency exchange rates applicable for the dividend:

 

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 rates4:

NZD/AUD: 0.909101
GBP/AUD: 2.039347

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 Thursday, 27 March 2025. 

3 On 25 February 2025, BHP announced the currency exchange rate applicable to the dividend payable in South African cents.
4 For the secondary conversion, the NZD/AUD and GBP/AUD currency conversions have been determined by using the relevant exchange rates specified in the table above.

NOTE: Additional information required by the JSE Listing Requirements 

  1. The divided per ordinary share in local currency in the table above is stated as a gross dividend.
  2. The dividend should be regarded as a ‘foreign dividend’ for the purposes of South African income tax and South African dividends tax (Dividend Tax). Payment of the dividend to shareholders on the BHP Group Limited South African branch register will be made from the United Kingdom.  
  3. 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.
  4. After the Dividend Tax has been withheld, the net dividend will be 734.35000 South African cents per ordinary share. 
  5. BHP Group Limited had a total of 5,073,901,188 ordinary shares in issue at the dividend determination date of 18 February 2025. 
  6. The dividend will be paid out of retained earnings.
  7. 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).
Email: web.queries@computershare.co.za

Shareholders holding dematerialised shares through STRATE should contact their Central Securities Depository Participant (CSDP) or stockbroker in case of all queries in relation to the interim dividend including queries relating to Dividend Tax.

Any eligible shareholder who wishes to participate in the DRP, or to vary a participation election should do so before 5.00 p.m. (AEDT) on 11 March 2025, or, in the case of shareholdings on the South African branch register of BHP Group Limited, in accordance with the instructions of your CSDP or broker. The DRP Allocation Price will be calculated in each jurisdiction as an average of the price paid for all shares actually purchased to satisfy DRP elections. The DRP Allocation Price applicable to each exchange will be made available at: bhp.com/DRP

Summary of dividend reinvestment price
Summary of previous dividends

 

Dividend Reinvestment Plan

BHP Group Limited established a Dividend Reinvestment Plan (involving on-market purchase) in 2018. Subject to the terms and conditions of the Plan, shareholders are able to elect to use their cash dividend for the purchase of BHP shares. The Dividend Reinvestment Plan was amended following the unification of BHP's dual listed company structure to provide former BHP Group Plc shareholders with an opportunity to  participate in the BHP Group Limited Plan. Former BHP Group Plc shareholders who wish to participate in the BHP Group Limited Plan should note that they will need to make a new election to participate in the Plan.

  1. Dividend Reinvestment Plan Rules
  2. DRP Election Form – ASX
  3. DRP Terms and Conditions – JSE
  4. DRP Election form – JSE
  5. DRP Terms and Conditions – LSE 
  6. DRP Election Form - LSE