I gave a brief presentation to the Morgans network about the potential for both RIO and BHP to deliver a positive capital management surprise in their upcoming financial results in August.
In particular, I compare how much extra dividends RIO and BHP could comfortably afford to pay out over the next 12 months – with the results well above current consensus forecasts for dividends.
This leaves us with the impression that both RIO and BHP are good value heading into this reporting season:
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Disclaimer(s): Analyst owns shares.
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