Home Wires

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.

 

2 stocks mentioned

Morgans Financial Limited
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.

Expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment

most popular

Equities

Paul Moore's stock to buy and hold for the next 25 years

Livewire Markets

Equities

A contrarian assessment of Macquarie Group

Leithner & Company Ltd

Equities

It won't get any better from here for Aussie banks

Livewire Markets

Equities

Buy Hold Sell: 3 all-weather businesses (and 2 that no longer make the grade)

Livewire Markets

view all