BHP & RIO good value ahead of reporting season

Morgans Financial Limited

Senior Analyst Adrian Prendergast discusses the potential for both RIO and BHP to deliver a positive capital management surprise in their upcoming financial results in August.

In particular, we compare how much extra dividends RIO and BHP could comfortably afford to pay out over the next 12 months - with the results well above current consensus forecasts for dividends. This leaves us with the impression that both RIO and BHP are good value heading into this reporting season.


Morgans Financial Limited

Morgans is Australia's largest national full-service retail stockbroking and wealth management firm, with more than 300,000 clients, 500 authorised representatives and 850 staff, operating from offices in all states and territories. As well as...

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