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BHP - BHP Group

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Dona Ferentes

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Notification of dividend arrived .... US$1.75 (equivalent to A$2.55183878) per share.

But with a public holiday, today, it won't go through till Fri and available Sat?
 
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May depend on the payment system. I've had dividends in the account and cleared late morning the day of payment.

Checked very old bank statements. Macquarie was the one. Although payment credited on the due date it did not appear available until the next day. One reason why I dumped that bank. It may have improved since then. With the bank I'm now using, dividends/distributions are in and available on the day, usally by mid-morning. As well, it is a member of Osko so BPay's appear in the receiving account that day and fund transfers, $1k max per day, also that day in the receiving account (even on a non-business day) if it is also a member of Osko.
 
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Notification of dividend arrived .... US$1.75 (equivalent to A$2.55183878) per share.

But with a public holiday, today, it won't go through till Fri and available Sat?
Many holder's complaining that still awaiting dividend payment to hit their accounts & Victoria has another public holiday tomorrow for AFL Grand final so perhaps only next Monday night/Tuesday morning will those residing in Victoria receive their dividend - seems quite unfair if the case as am sure the billions withheld is earning them good coin/interest on money market's till then...
 
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Many holder's complaining that still awaiting dividend payment to hit their accounts & Victoria has another public holiday tomorrow for AFL Grand final so perhaps only next Monday night/Tuesday morning will those residing in Victoria receive their dividend - seems quite unfair if the case as am sure the billions withheld is earning them good coin/interest on money market's till then...

It is silly. Computers don't know whether or not it's a non-business day. Restricting payment of dividends/distributions to a business day is archaic really. Crikey, it would mean you cannot use a card to pay for petrol or groceries after business hours if you apply the principle fully.
 
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It is silly. Computers don't know whether or not it's a non-business day. Restricting payment of dividends/distributions to a business day is archaic really. Crikey, it would mean you cannot use a card to pay for petrol or groceries after business hours if you apply the principle fully.
Very well said @Belli as 100% agree with you. Ridiculous to have BHP holder's penalised in withholding dividend payment due to public holiday's. Someone making money/capitalising at our expense/inconvenience etc.

That is an aspect/feature I love about Crypto in that you have access to funds 24/7 no matter if a public holiday/long weekend etc. as makes no difference. Crypto transactions are instantaneous.
 

Garpal Gumnut

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Many holder's complaining that still awaiting dividend payment to hit their accounts & Victoria has another public holiday tomorrow for AFL Grand final so perhaps only next Monday night/Tuesday morning will those residing in Victoria receive their dividend - seems quite unfair if the case as am sure the billions withheld is earning them good coin/interest on money market's till then...
Notification of dividend arrived .... US$1.75 (equivalent to A$2.55183878) per share.

But with a public holiday, today, it won't go through till Fri and available Sat?

Many holder's complaining that still awaiting dividend payment to hit their accounts & Victoria has another public holiday tomorrow for AFL Grand final so perhaps only next Monday night/Tuesday morning will those residing in Victoria receive their dividend - seems quite unfair if the case as am sure the billions withheld is earning them good coin/interest on money market's till then...

It is silly. Computers don't know whether or not it's a non-business day. Restricting payment of dividends/distributions to a business day is archaic really. Crikey, it would mean you cannot use a card to pay for petrol or groceries after business hours if you apply the principle fully.
I blame Government.

BHP is and has been run better than any state or federal government in my lifetime.

If the silly bastards we elect declare a holiday (or holidays in Victoria's case), why should a mining company have to do cartwheels to pay out a divi so that it gets in to bank accounts.

Banks are closed on holidays. Full stop.

You vote for muppets then you get muppet service.

gg
 
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Interesting development if rumour reported below is factual

On September 19, news publication Bloomberg reported that BHP Group Ltd. (NYSE:BHP) was considering a bid of nearly $6.7 billion for the purchase of Australian mining firm OZ Minerals (OZL). The offer is more than $1 billion higher from the previously reported figure of $5.6 billion.

Meanwhile.. OZL gives green light to $1.7 Billion Copper project

https://finance.yahoo.com/news/oz-minerals-gives-green-light-230658322.html?.tsrc=rss
 
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Interesting development if rumour reported below is factual

On September 19, news publication Bloomberg reported that BHP Group Ltd. (NYSE:BHP) was considering a bid of nearly $6.7 billion for the purchase of Australian mining firm OZ Minerals (OZL). The offer is more than $1 billion higher from the previously reported figure of $5.6 billion.

Meanwhile.. OZL gives green light to $1.7 Billion Copper project

https://finance.yahoo.com/news/oz-minerals-gives-green-light-230658322.html?.tsrc=rss
i would still rather hold OZL as a stand-alone share , rather than share the profits with the BHP board , first
 
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There is a recent & current proposal by the Treasury and the Government to disallow franking credits associated with capital raisings by Australian companies. Worse still, they are considering making the legislation retrospective.

This means that investors will be hit by huge tax bills for capital raisings that have been carried out, in good faith, in the past. Investors in companies like BHP, CBA, WBC etc. will all be severely and negatively affected.

I therefore urge ALL investors to strongly oppose this measure, the details of which can be found in the link below. The link contains an email address which can be used to voice your concerns/disapproval
(prior to deadline 5th October 2022).

https://treasury.gov.au/consultation/c2022-314358
 
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There is a recent & current proposal by the Treasury and the Government to disallow franking credits associated with capital raisings by Australian companies. Worse still, they are considering making the legislation retrospective.

This means that investors will be hit by huge tax bills for capital raisings that have been carried out, in good faith, in the past. Investors in companies like BHP, CBA, WBC etc. will all be severely and negatively affected.

I therefore urge ALL investors to strongly oppose this measure, the details of which can be found in the link below. The link contains an email address which can be used to voice your concerns/disapproval
(prior to deadline 5th October 2022).

https://treasury.gov.au/consultation/c2022-314358
Instead of sending an email which has as much effect as a cow belch on CC, i would encourage your entourage to think twice before voting left or far left..sorry green at the next elections.
Retrospective laws btw are the domain of banana republics, kindergardens and despots and somzthing this country is quite fond of it seems
 
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