Question
Dividend Policy: - Slowly reduce payout ratio from 90.26% to around 70-80% to maintain dividend distribution and retain more earnings to invest in carbon reduction
Dividend Policy:
- Slowly reduce payout ratio from 90.26% to around 70-80% to maintain dividend distribution and retain more earnings to invest in carbon reduction
- Maintain dividend yield of 5-6%
- Maintain 100% franking credits
- Conduct share buybacks when stock is perceived to be undervalued
Question: How might BHPs various providers of capital (shareholders and debtholders) react to your proposed dividend policy?
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Multinational financial management
Authors: Alan c. Shapiro
10th edition
9781118801161, 1118572386, 1118801164, 978-1118572382
