BHP said it would return a record amount of cash to investors as surging coal prices helped the world’s biggest miner deliver a 26 per cent increase in annual profits.
The Australian company declared a final dividend of $8.9bn, or $1.75 per share, taking total payments for the year to $16.5bn, the highest disbursement in its 137-year history.
BHP said shareholder returns were close to $36bn, including the shares in Woodside Petroleum given to its shareholders in exchange for the sale of the miner’s petroleum division.
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