RNS Number : 3131G
BHP Group Limited
11 March 2024
 

 


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]

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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