On 22 August 2023, the Board of BHP determined to pay a final dividend of 80 US cents per share for the full year ended 30 June 2023. Currency conversions are based on foreign currency exchange rates on a single day or an average for a period of days ending on or before the Record Date, being 8 September 2023.
For the final dividend:
- the AUD Australian dollar currency conversion will be based on an average over a three day period commencing on 6 September 2023 and ending on 8 September 2023;
- the GBP pound sterling currency conversion will be based on the rate on 8 September 2023;
- the NZD New Zealand dollar currency conversion will be based on the rate on 8 September 2023; and
- the ZAR South African rand currency conversion will be based on the rate of the average exchange rate on 25 August and 28 August 20231.
The following table sets out the currency exchange rates applicable for the dividend:
| Dividend 80 US cents per ordinary share | Exchange rate | Dividend per ordinary share in local currency |
| Australian cents | 0.639667 | 125.065073 |
| British pence | 1.248550 | 64.074326 |
| New Zealand cents | 0.590616 | 135.451799 |
| South African cents | 18.67700 | 1,494.16000 |
Shareholders on the Australian, UK and South African share registers who are receiving dividends in AUD, GBP and ZAR respectively will have their dividend amounts converted directly from USD at the relevant exchange rate stated above. Shareholders who have elected to receive their dividends in a currency different from that applicable to their share register will have their dividend amounts converted from USD into the currency of their share register first, and then into their elected currency.
For example, a shareholder on the Australian share register who elects to receive their dividend in NZD will first have their dividend amount converted from USD to AUD, and then from AUD to NZD. The NZD/USD exchange rate and NZD equivalent amount per share stated in the table above are for illustrative purposes only and may differ from the actual rate and amount applied.
Shareholders on the South African register will only receive dividends in ZAR.
The dividend will be paid on Thursday, 28 September 2023.
1 On 29 August 2023, BHP announced the currency exchange rate applicable to the dividend payable in South African cents.
