BHP Billiton Limited (ADR) Declares Semiannual Dividend of $1.24 (BHP)
BHP Billiton Limited (NYSE:BHP) announced a semiannual dividend on Wednesday, August 20th, Analyst RN reports. Shareholders of record on Friday, September 5th will be paid a dividend of 1.24 per share on Tuesday, September 23rd. This represents a dividend yield of 3.32%. The ex-dividend date is Wednesday, September 3rd.
A number of research firms have recently commented on BHP. Analysts at Citigroup Inc. downgraded shares of BHP Billiton Limited from a “buy” rating to a “neutral” rating in a research note on Tuesday. On a related note, analysts at Credit Suisse downgraded shares of BHP Billiton Limited from a “neutral” rating to an “underperform” rating in a research note on Tuesday. Finally, analysts at Cowen and Company raised their price target on shares of BHP Billiton Limited from $72.00 to $74.00 in a research note on Wednesday, July 30th. They now have a “market perform” rating on the stock. One analyst has rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company. BHP Billiton Limited presently has an average rating of “Hold” and a consensus target price of $67.50.
BHP Billiton Limited (NYSE:BHP) traded up 1.43% on Wednesday, hitting $71.03. The stock had a trading volume of 2,824,446 shares. BHP Billiton Limited has a 1-year low of $62.60 and a 1-year high of $73.91. The stock’s 50-day moving average is $71.47 and its 200-day moving average is $69.18. The company has a market cap of $189.0 billion and a price-to-earnings ratio of 12.55.
BHP Billiton Limited is diversified natural resources company. The Company generally operates through customer sector groups (NYSE:BHP).
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