BHP & RIO good value ahead of reporting season
Morgans Financial Limited
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.
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Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
2 stocks mentioned
Morgans Financial Limited
Stockbroker
Morgans Financial Limited
Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
Morgans Financial Limited
Stockbroker
Morgans Financial Limited
Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
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