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BHP GROUP LIMITED - All Currencies Dividend Announcement

Release Date: 11/03/2024 09:07
Code(s): BHG     PDF:  
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All Currencies Dividend Announcement

    BHP Group Limited
    BHP Group Limited ABN 49 004 028 077
    Registered in Australia
    Registered Office: Level 18, 171 Collins Street Melbourne VIC 3000
    Share code: BHG
    ISIN: AU000000BHP4


11 March 2024

    To:       London Stock Exchange (LSE)                                           JSE Limited (JSE)


                      Notice of Dividend Currency Exchange Rates – 2024 Interim Dividend

On 20 February 2024, the Board of BHP determined to pay an interim dividend of 72 US cents per share for
the half-year ended 31 December 2023. Currency conversions are based on foreign currency exchange rates
on a single day or an average for a period of days ending on or before the Record Date, being 8 March 2024.

For the 2024 interim dividend:
(i)   the Australian dollar currency conversion will be based on the average rate over the period
      commencing on 6 March 2024 and ending on 8 March 2024;
(ii)  the GBP pounds sterling currency conversion will be based on the rate on 8 March 2024;
(iii) the New Zealand dollar currency conversion will be based on the rate on 8 March 2024; and
(iv)  the ZAR South African rand currency conversion will be based on the average rate over the period
      commencing on 23 February 2024 and ending on 26 February 2024. 1

The following table sets out the currency exchange rates applicable for the dividend:

    Dividend 72 US cents per                               Exchange rate                       Dividend per ordinary
    ordinary share                                                                            share in local currency

    Australian cents                                           0.656817                              109.619574

    British pence                                              1.278900                               56.298381

    New Zealand cents                                          0.616700                              116.750446

    South African cents                                        19.28415                              1,388.45880

Shareholders on the Australian, UK and South African share registers who are receiving dividends in AUD,
GBP and ZAR respectively will have their dividend amounts converted directly from USD at the relevant
exchange rate stated above.

Shareholders on the Australian register may elect to receive their dividend in NZD, GBP or USD.
Shareholders who have elected to receive their dividends in a currency other than AUD will have their
dividend amounts converted using the AUD/USD conversion rate (above), before being converted into the
currency of payment at the below rates:2
NZD/AUD: 0.932064
GBP/AUD: 1.932895

1 On 27 February 2024, BHP announced the currency exchange rate applicable to the dividend payable in South African cents.
2 For the secondary conversion, the NZD/AUD and GBP/AUD currency conversions will be based on the rates on 8 March 2024.
                                                        

For example, a shareholder on the Australian share register who elects to receive their dividend in NZD will
first have their dividend amount converted from USD to AUD, and then from AUD to NZD. The NZD/USD
exchange rate and NZD equivalent amount per share stated in the table above are for illustrative purposes
only and may differ from the actual rate and amount applied.

Shareholders on the South African register will only receive dividends in ZAR.

The dividend will be paid on 28 March 2024.


Authorised for lodgement by:
Stefanie Wilkinson
Group Company Secretary

Sponsor: J.P. Morgan Equities South Africa Proprietary Limited

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



                                                  The BHP Group is headquartered in Australia




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Date: 11-03-2024 09:07:00
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