BHP Confirms USD 0.60 Dividend and Reveals ZAR Exchange Rate Ahead of Payment

BHP Updates Dividend Details

BHP Group Limited has provided an important update to its dividend notification originally released on 19 August 2025. The company confirmed an ordinary dividend of USD 0.60 per share, fully franked, relating to the six-month period ending 30 June 2025. This dividend will be payable on 25 September 2025, with a record date set for 5 September 2025.

What sets this update apart is the disclosure of the South African Rand (ZAR) exchange rate used for local currency conversion. BHP announced the ZAR/USD exchange rate at 17.62563, allowing shareholders in South Africa to understand the precise value of their dividend in local currency terms. The exchange rates for other currencies such as the Australian Dollar (AUD), British Pound (GBP), and New Zealand Dollar (NZD) are expected to be announced on or around 8 September 2025.

Currency Flexibility for Shareholders

BHP offers shareholders the flexibility to receive dividends in multiple currencies, including USD, AUD, GBP, NZD, and ZAR. Shareholders must submit their currency election and direct credit details to the BHP Share Registrar by the close of business on the Dividend Reinvestment Plan and Currency Election Date to benefit from this option. Those who do not provide such details will receive their dividend payments by cheque in Australian dollars.

The company also maintains a Dividend Reinvestment Plan (DRP), allowing shareholders to reinvest their dividends into BHP shares without any discount on the purchase price. Shares under the DRP will be purchased on-market shortly after the dividend payment date, with the price calculated as the average of actual transaction prices.

Implications for Investors

This update provides clarity on currency conversion ahead of dividend payments, which is particularly relevant for investors exposed to currency risk. The fully franked nature of the dividend also underscores BHP’s strong tax position, offering potential tax credits to Australian investors. The staggered announcement of exchange rates for other currencies means investors should watch for the 8 September update to fully assess their dividend value in their preferred currency.

Overall, BHP’s transparent communication and flexible dividend payment options reflect its commitment to shareholder value and responsiveness to a global investor base.