To The Moon

BHP (Part 1)-Our New BFF for High Dividend Yield with Capital Gains Potential💵💵💵🤝💰🥳🥳🥳 + Largest Mining Company in the 🌎 + Biggest Market Cap in ASX $BHP GROUP LTD(BHP.AU)$

Hello 🐯 friends, I decided to post on BHP today so that those of you who have shown interest in my previous post about investing in BHP/ASX stocks for their HUGE dividends💵💵💵 & possible 0% Withholding Tax have somewhere to start researching. If you haven’t read my earlier post, you can click on the Snoopy icon to reach my homepage, look for my 17/8/22 post:🕵🏻‍♀️🕵🏻‍♂️Advantages of Investing in the ASX🇦🇺 over SGX🇸🇬 & US🇺🇸 Stock Exchange💵💵💵

COMPANY PROFILE: As of 2022, BHP is the largest mining company in the 🌎 as measured by market capitalisation. It produces essential commodities through their assets, including iron ore, copper, nickel, potash & metallurgical coal in Australia, Chile, Peru, Colombia, Brazil, Canada, & the US. They also hold interests in assets that are owned as a joint venture but are not operated by BHP. Their unified corporate structure was finalised in 2022 & have 4 listings, with their primary listing on ASX $BHP GROUP LTD(BHP.AU)$

➡️ For more details, refer: https://www.bhp.com/about

FUTURE & GROWTH: BHP is focused on a resources mix for today & for the future-resources the 🌎 needs to develop & decarbonise.

(1) Copper for renewable energy.

(2) Nickel for EV.

(3) Potash for sustainable farming.

(4) Iron ore & metallurgical coal for the steel needed for global infrastructure & the energy transition.

CUTTING EDGE PRODUCTS/DEVELOPMENT: BHP seeks game-changing technologies & emerging companies to help drive sustainable growth within BHP today & provide them with a portfolio of new growth options for the decades ahead.

(1) KoBold Metals: Combining best-in-class geologists with data science talent & massive datasets to find new orebodies, first.

(2) Boston Metal: Molten Oxide Electrolysis technology commercialising a one-step process for CO2-free steelmaking.

(3) Fervo: Next-generation geothermal technology developing innovative drilling techniques with the potential to provide cheap, baseload power.

(4) Energy Vault: Specialist in gravity & kinetic energy based, long-duration energy storage products.

(5) Many more🥳 Refer to website 😅

🤔💭INVESTOR CONSIDERATIONS:

(1) Dividends: USD 3.25, Yield of 11.2% for FY 2022 at (close of 19/8)

(2) 52W Low, High: 34.033, 53.72

(3) P/E, EPS(TTM): 8.619, 4.82

(4) Market Cap: 210.1B (close of 19/8)

(5) Healthy Balance Sheet & Excellent FY 2022 results (go to website)

⭐️ Dividends are reported in USD. From BHP ➡️ The US dollar, in which the majority of our sales are made, most reliably records our global business performance and is BHP Group Limited's main reporting currency. It is, therefore, the currency in which dividends are determined. The default payment currency for BHP Group Limited is AUD, though shareholders may elect to receive GBP, NZD or USD. (The default currency for shares held on the SA register is ZAR.)

‼️NOTE: The 1st purchase of any ASX stock needs to be a minimum of AUD 500. For example, if you bid for BHP at today’s closing price of 41.55, you will need to buy a minimum of 13 shares.

41.55 x 13 = AUD 540.15 + fees

➡️ Tiger Brokers gives an excellent exchange rate🤩 You can online chat to ask how much is the fees for the number of shares you want to buy. Fees are calculated based on a percentage. To me, the fees are low. Let Tiger Brokers earn a bit la, so that their stock can 🚀🚀🚀🌕

⭐️ Subsequent purchases don’t need to be AUD 500. You can purchase 1 share.

⭐️ If you want to sell for capital gains but still want to buy back BHP later when the price drops, all you have to do is to keep 1 share, then you can add on as & when you want😉

I’m currently doing a series of posts on clean energy metal stocks, so do follow me if you want to be updated of my latest research😉 Please also help to like & share/repost my posts, so that more 🐯🐯🐯 can access these information & we can all benefit together🤝💰🥳 Many thanks🤗

As usual-🤔💭 Consider POV & Actions of investors + 👩🏻‍💻👨🏻‍💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰

Source website: BHP 

@Daily_Discussion(19/8) @TigerStars@CaptainTiger@MillionaireTiger@ASX_Stars@Tiger_AU@SGX_Stars