The South32 Component Of The BHP Billiton Spinoff

I’ve been studying BHP Billiton non-stop the past week or two because the company seems to offer one of the better dividend opportunities in the market today. BHP Billiton has returned almost 13% since 1987 (I’m tracing the company back to its Australian, rather than British, origins when I calculate that because I cannot find data on the British side prior to the June 2001 merger of BHP and Billiton). What has caught my attention is this: The price of BHP Billiton has come down quite a lot, from the $70s to the $40s despite the fact that profits are expected to decline from only $13.8 billion to $13.5 billion. Despite all the … Read the rest of this article!