Dividend Currency Exchange Rate (RAND)

BHP Group Limited
29 August 2023
 

  29 August 2023

 

 

To:

London Stock Exchange (LSE)


JSE Limited (JSE)






 

Notice of Dividend Currency Exchange Rate (South African Rand) - Final Dividend

 

On 22 August 2023, the Board of BHP determined to pay a final dividend of 80 US cents per share for the full year ended 30 June 2023.

 

The currency exchange rate applicable for the final dividend payable in South African cents to shareholders on the BHP Group Limited South African branch register is based on the rate of the average exchange rate on 25 August 2023 and 28 August 2023 and is set out below:

 

Dividend 80 US cents per ordinary share

Exchange rate

Dividend per ordinary share in local currency

South African cents

18.67700

1,494.16000

 

The exchange rates applicable to the BHP dividend being paid in other currencies will be based on the foreign currency exchange rates on a single day or an average period of days ending on or before the dividend Record Date, being 8 September 2023. The applicable foreign currency exchange rates will be announced to the market on 11 September 2023.

 

The dividend will be paid on Thursday, 28 September 2023.

 

 

Authorised for lodgement by:
Stefanie Wilkinson

Group Company Secretary

 

 

 

BHP Group Limited ABN 49 004 028 077                                                   
LEI WZE1WSENV6JSZFK0JC28                                                                 
Registered in Australia                                                                                
Registered Office: Level 18, 171 Collins Street                                                              
Melbourne Victoria 3000 Australia                                                                 
Tel +61 1300 55 4757 Fax +61 3 9609 3015

 


 

NOTE: Additional information required by the JSE Listing Requirements

 

1.         The dividend per ordinary share in local currency in the table above is stated as a gross dividend.

 

2.         The dividend should be regarded as a 'foreign dividend' for the purposes of South African income tax and South African dividends tax (Dividend Tax).

 

3.         Dividend Tax will be withheld from the amount of the gross final dividend paid to shareholders on the BHP Group Limited South African branch register at the rate of 20 per cent, unless a shareholder qualifies for an exemption.

 

4.         After the Dividend Tax has been withheld, the net dividend will be 1,195.32800 South African cents per ordinary share.

 

5.         BHP Group Limited had a total of 5,065,820,556 ordinary shares on issue at the dividend determination date of 22 August 2023.

 

6.         The dividend will be paid out of retained earnings.

 

7.         For the avoidance of doubt, Dividend Tax, and therefore the information provided in this announcement, is only of direct application to shareholders on the BHP Group Limited South African branch register.

 

 

Shareholders holding dematerialised shares in Computershare Nominees should direct all queries in relation to the final dividend including queries relating to the Dividend Tax to:

 

BHP Group Limited Branch Registrar and Transfer Secretary

Computershare Investor Services (Pty) Limited

Rosebank Towers

15 Biermann Avenue

Rosebank

2196

South Africa

Private Bag X9000

Saxonwold

2132 South Africa

Telephone +27 11 370 5000 or 086 110 0634 (within South Africa) on weekdays between 8:00am

and 4:30pm (SAST).

Facsimile +27 11 688 5217

Email: web.queries@computershare.co.za

 

 

Shareholders holding dematerialised shares through STRATE should contact their Central Securities Depository Participant (CSDP) or stockbroker in case of all queries in relation to the final dividend including queries relating to Dividend Tax.

 

                                                               

The BHP Group is headquartered in Australia

 

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