BHP: in the red after a fall in half-year results
The Anglo-Australian mining company will distribute an interim dividend of 72 cents per share for this period at the end of March, compared with 90 cents per share for the first six months of the previous financial year.
While these results are in line with expectations according to Oddo BHF, the latter remains 'underperform' on BHP, citing 'a high valuation relative to peers, a likely further adjustment in iron prices and difficulties in nickel'.
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