BHP raises semi-annual dividend 35.62% to $1.98 per share

BHP Group Limited (BHP) has announced a semi-annual dividend increase of 35.62%, raising the payout to $1.9800 per share from the previous $1.4600. The new dividend will go ex-dividend on 2026-09-04, marking a significant boost for shareholders.

The numbers

This raise follows a series of semi-annual payments that have fluctuated over recent years. The company paid $1.60 in September 2023, $1.44 in March 2024, $1.48 in September 2024, $1.00 in March 2025, and $1.46 in March 2026. The upcoming payment of $1.98 represents a notable rebound from the previous $1.46. Despite this increase, BHP's long-term dividend growth has been negative, with a 5-year compound annual growth rate (CAGR) of -14.1%. The company has not achieved consecutive years of dividend increases, and its trailing twelve-month (TTM) dividend per share stands at $3.44, yielding 3.80% at the current price of $90.42.

What it means for income investors

For income investors, the new semi-annual rate of $1.98 per share implies an annualized dividend of $3.96 per share. On 100 shares, that would amount to $396 per year, up from the previous annualized $2.92 per share (or $292 per 100 shares). This increase provides a higher income stream, though investors should note the company's inconsistent dividend history. For a detailed look at past payouts, see the dividend history for BHP.

Reporting based on: DividendSmart market data. Figures verified against market data where available.