REG - BHP Group Limited - Dividend Declaration

BHPAnnouncement

11/03/2024 07:15

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RNS Number : 3131G  BHP Group Limited  11 March 2024

 

 11 March 2024

To:  London Stock Exchange (LSE)    JSE Limited (JSE)

11 March 2024

 To:  London Stock Exchange (LSE)    JSE Limited (JSE)

 

Notice of Dividend Currency Exchange Rates - 2024 Interim Dividend

 

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 2024. 1 

 

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 rates: 2  (#_ftn2)

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.

 

 

Authorised for lodgement by:

Stefanie Wilkinson

Group Company Secretary

 

 

BHP Group Limited ABN 49 004 028
077

LEI
WZE1WSENV6JSZFK0JC28

Registered in Australia
 

Registered Office: Level 18, 171 Collins Street
 

Melbourne Victoria 3000
Australia

Tel +61 1300 55 4757 Fax +61 3 9609 3015

 

The BHP Group is headquartered in Australia

 

 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.

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