BHP Group with a record dividend, but remain reserved for the global economy

During the Asian session, we also had a strong movement in the Australian markets, in particular BHP Group. During the session, they announced their highest annual earnings for the past five years and issued a record high dividend to their shareholders. The results, in addition to positively impacting the Australian dollar, also strengthened iron ore.

Despite the results and the dividend, however, investors remain skeptical about the company, believing that they remain more in the cash against the backdrop of weakening global growth. The trade war is still a serious risk and threat to the stability of the sector and the company indiscriminately.

BHP gave back to investors about $ 20.9 billion for the fiscal year to June, including the 0.78 cents dividend (0.63 cents last year) announced yesterday. The sale of the shale gas business and the high prices of iron ore have had a favorable effect, as have the scarcity of resources in Brazil and Australia.

The company's shares dropped to A $ 35.96 at the beginning of the session, but then recovered, leaving Australia's main benchmark ASX200 in positive territory.

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