What are dividends?
A dividend is the distribution of part of a company’s net profit, made to shareholders as a reward for investing in the company. Shareholders need to be recorded as owning shares at a date set by the company (the Record Date) in order to receive dividends.
When are dividends paid?
BHP currently pays dividends twice a year, with Record Dates in March and September.
How are dividends paid?
To receive a dividend payment directly you must ensure your bank account details are recorded in your Shareworks portfolio. Please visit BHPBshareplus.com to access your portfolio.
Participants who are located in Australia, the United States or the United Kingdom will receive dividends directly into their bank account and must have their bank account details recorded in Shareworks. If you are not located in these countires or do not have a bank account in either Australia, the United States or the United Kingdom, your dividends will be paid to you via your payroll. Please note, you can also receive all of your dividends in one bank account even if they are on different stock exchanges (refer to the Relocating employees Q&A for further information).
Does BHP offer a Dividend Reinvestment Plan?
BHP offers a Dividend Reinvestment Program (DRP) for Shareplus participants located in Australia and the UK. Due to the terms and conditions of the DRP, Shareplus participants in other countries, as well as employees with Vested Share Accounts, are ineligible to participate in DRP and will continue to receive a cash dividend. Relevant DRP documentation for both Limited and Plc plans can be accessed on the BHP website at https://www.bhp.com/investor-centre/shareholder-information/dividends.
The following exceptions apply for Shareplus:
- Eligible Shareplus participants can elect only to fully participate in the DRP. Partial participation is not permitted.
- DRP in both Plc and Limited plans are restricted to employees located in Australia and the UK.
- Shareplus Acquired and Vested Matched shares are eligible to participate.
Share Prices and Independent Advice
The market share price for BHP shares is available at any time via the internet at www.BHP.com or on the BHP Digital Workspace. Alternatively, participants may request such information from the Plan Administrator via email BHPBShareplus@solium.com and that information will be provided to a participant within a reasonable time of any such request. The advice contained in the Shareplus offer documents provided to employees in relation to their potential participation in the Plan contains general advice only and employees should consider obtaining their own independent financial advice from an independent person appropriately licensed by relevant organisations to provide such advice.