BHP owners pocket record dividend August 20, 2019 BHP shareholders will pocket a record payout, the company announced this morning, bringing the total dividend to $6.7bn (£5.5bn). The miner announced this morning that it would give shareholders an ordinary dividend of $1.33 per share. However, the payout comes on top of a special dividend earlier this year, of $1.02 per share as the [...]
Analysts and investors hopeful for record BHP dividend August 19, 2019 Investors will flock straight to the dividend page tomorrow after miner BHP releases its annual results overnight, expected to reveal the highest annual dividend in the company’s history. Analysts had expected the dividend to reach around $2.36 for the full year 2019, up from $1.18 the year before, according to a consensus compiled by Vuma. [...]
High-yielding BP shares chased higher after results July 30, 2019 It’s a great income stock, and these numbers justify investor interest, writes our head of markets. BP’s (LSE:BP.) strategy is a marathon, not a sprint, and this latest update for the second quarter and half-year shows that the company remains reassuringly on track. Underlying replacement cost profit was strongly ahead compared to the previous quarter and [...]
Miners drag down FTSE 100 after iron ore prices dip July 24, 2019 The FTSE 100 fell 63 points today as mining stocks tumbled on news that Brazilian giant Vale was resuming operations at one of its major facilities. Shares in Rio Tinto fell 4.5 per cent to 4,610p, shares in BHP fell 4.1 per cent to 1,958p and shares in Anglo American slipped 3.4 per cent to [...]
Fresnillo shares fall as it slashes production guidance July 17, 2019 Shares in miner Fresnillo fell today as the firm lowered production guidance for the year after hitting delays and poor-quality ore. The company said that production of silver in the second quarter hit 14.4m ounces, down six per cent year-on-year. Read more: BHP iron production rebounds after cyclone hit third quarter Meanwhile gold production fell [...]
BHP iron production rebounds after cyclone hit third quarter July 17, 2019 Anglo-Australian miner BHP saw iron ore output rebound in the fourth quarter of the year, and forecast even higher production going forward. Iron ore production hit 63m tonnes in the three months to June, a 12 per cent increase on the quarter before. Read more: Rio Tinto faces delays and up to $1.9bn added costs [...]
Activist investor Elliott takes stake in Saga July 17, 2019 US activist investor Elliott has taken a stake in troubled tourism and insurance firm Saga in a move that could put pressure on management to boost returns. Shares in Saga were up 9.18 per cent this afternoon after it was revealed that Elliott Capital Advisors has disclosed a 5.14 per cent stake in the company. [...]
Which stocks are in the dividend danger-zone? June 18, 2019 Dividends are one of the perks of the stock markets. While investors can opt to take dividends as cash, reinvesting them can have a powerful impact on your portfolio. According to analysis from Fidelity, if you’d invested £100 a month in the FTSE All Share index over the past 30 years and reinvested all of [...]
Mining stocks pull up FTSE 100 June 11, 2019 Mining giants helped push up the FTSE 100 this morning as China announced increased local government spending. The miners were also boosted by Chinese iron prices which jumped by nearly six per cent in today’s trade. Evraz, Antofagasta, Rio Tinto, Gencore and BHP rose between two and four per cent each. They were all among [...]
Welcome aboard the Amore Mio, a 7,620 horsepower luxury sports yacht with more toys than Hamleys June 10, 2019 Luxury journalism: It won’t make me a billionaire, but I do get to act like one on occasion. The 45-metre Amore Mio is one of the largest and most powerful ‘sports’ yachts in the world, and it isn’t available for charter. Instead, its owner – who shall remain nameless but, predictably, he’s Russian and in [...]