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Dividends
12 Months Ended
Jun. 30, 2024
Text block 1 [Abstract]  
Dividends
19 Dividends

    
Year ended

30 June 2024
     Year ended
30 June 2023
     Year ended
30 June 2022
 
    
Per share
    
Total
     Per share      Total      Per share      Total  
    
US cents
    
US$M
     US cents      US$M      US cents      US$M  
Dividends paid during the period
                 
Prior year final dividend
  
 
80
 
  
 
4,065
 
     175        8,858        200        10,119  
Interim dividend
  
 
72
 
  
 
3,647
 
     90        4,562        150        7,601  
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
  
 
152
 
  
 
7,712
 
     265        13,420        350        17,720  
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Dividends paid during the period differs from the amount of dividends paid in the Consolidated Cash Flow Statement as a result of foreign exchange gains and losses relating to the timing of equity distributions between the record date and the payment date. Additional derivative settlements of US$44 million were made as part of the funding of the dividend paid during the period and is disclosed in Proceeds/(settlements) of cash management related instruments in the Consolidated Cash Flow Statement.
Each American Depositary Share (ADS) represents two ordinary shares of BHP Group Limited. Dividends determined on each ADS represent twice the dividend determined on each BHP Group Limited ordinary share.
Dividends are determined after
period-end
and announced with the results for the period. Interim dividends are determined in February and paid in March. Final dividends are determined in August and paid in September or October. Dividends determined are not recorded as a liability at the end of the period to
which they relate. Subsequent to
year-end,
on 27 August 2024, BHP Group Limited determined a final dividend of 74 US cents per share (US$3,752 million), which will be paid on
 
3 October
 2024 (30 June 2023: final dividend of 80 US cents per share – US$4,052 million; 30 June 2022: final dividend of 175 US cents per share – US$8,857 million).
BHP Group Limited dividends for all periods presented are, or will be, fully franked based on a tax rate of
30
 per cent.
 
    
2024
     2023     2022  
    
US$M
     US$M     US$M  
Franking credits as at 30 June
  
 
9,165
 
     7,953       7,007  
Franking credits arising on the future payment/(refund) of taxes relating to the period
  
 
83
 
     (261     2,043  
  
 
 
    
 
 
   
 
 
 
Total franking credits available
1
  
 
9,248
 
     7,692       9,050  
  
 
 
    
 
 
   
 
 
 
 
1
 
The payment of the final 2024 dividend determined after 30 June 2024 will reduce the franking account balance by US$1,608 million.