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MELBOURNE - Mining giant BHP Group Limited announced the currency exchange rate applicable for its final dividend payment to shareholders on the South African branch register, according to a press release statement issued Tuesday.
The company will pay a final dividend of 60 US cents per share for the fiscal year ended June 30, 2025, as determined by BHP’s Board on August 19.
For shareholders on the South African branch register, the dividend will be paid at an exchange rate of 17.62563, resulting in a payment of 1,057.53780 South African cents per ordinary share. After the 20 percent South African Dividend Tax is withheld, the net dividend will amount to 846.03024 South African cents per share.
The exchange rates for dividend payments in other currencies will be based on foreign currency exchange rates on or before the dividend record date of September 5, 2025. These rates will be announced on September 8.
BHP stated that the dividend will be paid on September 25, 2025. The company had 5,075,992,235 ordinary shares in issue at the dividend determination date, and the payment will be made from retained earnings.
The company clarified that the dividend should be regarded as a "foreign dividend" for South African income tax and dividends tax purposes, with payment to shareholders on the South African branch register being made from the United Kingdom.
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