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BHP - BHP Group: Get Paid 4% Waiting For Inflation
BHP Group Limited American Depositary Shares
Even though BHP's true dividend yield is likely closer to 4.4-8.8%, rather than the 11.27% calculated by some sources, these shares still offer an excellent return versus risks.
Over half of BHP's revenues come from iron ore. Iron ore prices spiked in summer 2021, but have since declined over 70%, to around 2019-2020 levels.
While iron ore prices could easily fall further, and drag another year of BHP's earnings with it, I see inflationary monetary policy providing a long-term tailwind to BHP dividend.