Reporting Season Preview: BHP and RIO

About the author:

Author name:

By Adrian Prendergast

Job title:

Senior Analyst

Date posted:

12 July 2017, 11:10 AM

Sectors Covered:

Mining, Energy

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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