August 19, 2019 / 10:29 PM / 2 months ago

BHP reports 2% decline in annual profit, pays record dividend

Aug 20 (Reuters) - BHP Group, the world’s biggest miner, posted a 2% decline in full-year profit and declared a record final dividend on Tuesday.

Underlying profit from continuing operations for the twelve months ended June 30 dropped to $9.47 billion from $9.62 billion a year earlier, and falling short of consensus estimates of $9.73 billion compiled by Vuma Financial.

BHP declared a final dividend of 78 cents per share, up from 63 cents a share last year. (Reporting By Rushil Dutta in Bengaluru; Editing by Shounak Dasgupta)

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