BHP Billiton plc (BLT) Declares Dividend Increase – $0.43 Per Share
BHP Billiton plc (LON:BLT) announced a dividend on Tuesday, August 22nd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 7th will be paid a dividend of $0.43 per share by the mining company on Tuesday, September 26th. This represents a dividend yield of 2.37%. The ex-dividend date is Thursday, September 7th. This is an increase from BHP Billiton plc’s previous dividend of $0.40. The official announcement can be viewed at this link.
Shares of BHP Billiton plc (LON:BLT) traded up 0.51% during midday trading on Friday, hitting GBX 1484.00. 4,784,648 shares of the stock were exchanged. BHP Billiton plc has a 1-year low of GBX 960.10 and a 1-year high of GBX 1,518.50. The stock’s market capitalization is GBX 79.01 billion. The firm’s 50 day moving average is GBX 1,369.92 and its 200-day moving average is GBX 1,272.75.
Several research analysts recently weighed in on the stock. Credit Suisse Group restated a “neutral” rating and set a GBX 1,380 ($17.85) price target on shares of BHP Billiton plc in a report on Wednesday, May 17th. Deutsche Bank AG restated a “buy” rating and set a GBX 1,600 ($20.69) price target on shares of BHP Billiton plc in a report on Sunday, August 20th. Royal Bank Of Canada cut their price target on shares of BHP Billiton plc from GBX 1,500 ($19.40) to GBX 1,375 ($17.78) and set a “sector perform” rating on the stock in a report on Wednesday, July 26th. Independent Research GmbH set a GBX 1,350 ($17.46) price target on shares of BHP Billiton plc and gave the stock a “neutral” rating in a report on Thursday, July 20th. Finally, J P Morgan Chase & Co boosted their price target on shares of BHP Billiton plc from GBX 1,180 ($15.26) to GBX 1,190 ($15.39) and gave the stock an “underweight” rating in a report on Wednesday, August 23rd. Six analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the company. BHP Billiton plc currently has a consensus rating of “Hold” and an average target price of GBX 1,320.68 ($17.08).
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BHP Billiton plc Company Profile
BHP Billiton Plc is a global resources company. The Company is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. Its segments include Petroleum, Copper, Iron Ore and Coal. The Petroleum segment is engaged in the exploration, development and production of oil and gas.
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