Home › BHP dividend cut heralds the death of the yield play
 

Keywords :   


BHP dividend cut heralds the death of the yield play

2016-02-27 06:14:30| Grocery - Topix.net

The cut came as no surprise to institutional investors, many of whom had been urging BHP and its old rival Rio Tinto to rethink the size of their dividends. That didn't prevent a good old-fashioned shareprice rout when the bad news finally landed; BHP shares fell 11 per cent in three days as yield-focused investors accepted that one of Australia's biggest companies was no longer satisfying their lust for yield.

Tags: play death cut yield

Category:Food and Related Products

Latest from this category

All news
»
30.04USDA to test beef for H5N1 influenza virus
30.04Nebraska groundwater levels continue to decline after several years of drought
30.04New Thayers Natural Remedies Unveils New Marketing Campaign with Jersey Shore Star Pauly D
30.04Convenience key to Korea's demand for U.S. red meat
30.04Convenience key to Korea's demand for U.S. red meat
30.04Alaskans Spend the Most Time Cleaning: Bureau of Labor Statistics
30.04Fed cattle weights and beef supplies
30.04US Beef Breeds Council elects officers- Mark Anderson, NALF Executive Director, elected president
More »