The Business Times
SUBSCRIBERS

BHP Billiton cuts dividend, posts US$5.67b interim loss

Published Tue, Feb 23, 2016 · 09:50 PM
Share this article.

Sydney

TOP global miner BHP Billiton slashed its interim dividend by 75 per cent on Tuesday, abandoning a long-held policy of steady or higher payouts as it braces for a longer-than-expected commodities downturn.

The end to BHP's so-called progressive dividend policy came as the world's biggest diversified miner slumped to a net loss of US$5.67 billion for the six months to…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here