Market Overview

BHP Billiton Posts Rise In H1 Profit

Share:
Related BHP
Buy And Hold Large-Caps Until Commodity Cycle Rebounds, BMO Capital Analysts Say
Freeport-McMoRan Slashes Dividend 84%, Shares Collapse
BHP outlook cut to negative by S&P on forecast weaker cash flows (Seeking Alpha)

BHP Billiton (NYSE: BHP) reported a gain in its first-half profit.

BHP's net profit for the period rose to US$8.11 billion, from a year-ago profit of US$4.43 billion. However, analysts were expecting a profit of US$7.04 billion.

The company also raised its interim dividend by 3.5% to 59 U.S. cents per share.

BHP shares closed at $68.32 on Friday.

Posted-In: profitEarnings News Dividends

 

Related Articles (BHP)

Around the Web, We're Loving...