BHP Group Ltd
If you are happy to invest in the mining sector, then it could be a good idea to look at mining giant BHP.
That's because Goldman Sachs thinks the Big Australian will provide investors with a combination of big gains and attractive dividend yields.
The broker currently has a $49.00 price target on the miner's shares. This compares favourably to the current BHP share price of $42.80.
As for dividends, the broker is forecasting fully franked dividends of US$1.42 (A$2.13) per share in FY 2024 and then US$1.26 (A$1.89) per share in FY 2025. At current levels, this equates to dividend yields of 5% and 4.4%, respectively. $BHP Group Ltd (BHP.AU)$
That's because Goldman Sachs thinks the Big Australian will provide investors with a combination of big gains and attractive dividend yields.
The broker currently has a $49.00 price target on the miner's shares. This compares favourably to the current BHP share price of $42.80.
As for dividends, the broker is forecasting fully franked dividends of US$1.42 (A$2.13) per share in FY 2024 and then US$1.26 (A$1.89) per share in FY 2025. At current levels, this equates to dividend yields of 5% and 4.4%, respectively. $BHP Group Ltd (BHP.AU)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
