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BHP - BHP Group

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Notification of dividend arrived .... US$1.75 (equivalent to A$2.55183878) per share.

But with a public holiday, today, it won't go through till Fri and available Sat?
 
Belli said:
May depend on the payment system. I've had dividends in the account and cleared late morning the day of payment.
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Checked very old bank statements. Macquarie was the one. Although payment credited on the due date it did not appear available until the next day. One reason why I dumped that bank. It may have improved since then. With the bank I'm now using, dividends/distributions are in and available on the day, usally by mid-morning. As well, it is a member of Osko so BPay's appear in the receiving account that day and fund transfers, $1k max per day, also that day in the receiving account (even on a non-business day) if it is also a member of Osko.
 
Dona Ferentes said:
Notification of dividend arrived .... US$1.75 (equivalent to A$2.55183878) per share.

But with a public holiday, today, it won't go through till Fri and available Sat?
Click to expand...
Many holder's complaining that still awaiting dividend payment to hit their accounts & Victoria has another public holiday tomorrow for AFL Grand final so perhaps only next Monday night/Tuesday morning will those residing in Victoria receive their dividend - seems quite unfair if the case as am sure the billions withheld is earning them good coin/interest on money market's till then...
 
Telamelo said:
Many holder's complaining that still awaiting dividend payment to hit their accounts & Victoria has another public holiday tomorrow for AFL Grand final so perhaps only next Monday night/Tuesday morning will those residing in Victoria receive their dividend - seems quite unfair if the case as am sure the billions withheld is earning them good coin/interest on money market's till then...
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It is silly. Computers don't know whether or not it's a non-business day. Restricting payment of dividends/distributions to a business day is archaic really. Crikey, it would mean you cannot use a card to pay for petrol or groceries after business hours if you apply the principle fully.
 
Belli said:
It is silly. Computers don't know whether or not it's a non-business day. Restricting payment of dividends/distributions to a business day is archaic really. Crikey, it would mean you cannot use a card to pay for petrol or groceries after business hours if you apply the principle fully.
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Very well said @Belli as 100% agree with you. Ridiculous to have BHP holder's penalised in withholding dividend payment due to public holiday's. Someone making money/capitalising at our expense/inconvenience etc.

That is an aspect/feature I love about Crypto in that you have access to funds 24/7 no matter if a public holiday/long weekend etc. as makes no difference. Crypto transactions are instantaneous.
 
Telamelo said:
Many holder's complaining that still awaiting dividend payment to hit their accounts & Victoria has another public holiday tomorrow for AFL Grand final so perhaps only next Monday night/Tuesday morning will those residing in Victoria receive their dividend - seems quite unfair if the case as am sure the billions withheld is earning them good coin/interest on money market's till then...
Click to expand...
Dona Ferentes said:
Notification of dividend arrived .... US$1.75 (equivalent to A$2.55183878) per share.

But with a public holiday, today, it won't go through till Fri and available Sat?
Click to expand...

Telamelo said:
Many holder's complaining that still awaiting dividend payment to hit their accounts & Victoria has another public holiday tomorrow for AFL Grand final so perhaps only next Monday night/Tuesday morning will those residing in Victoria receive their dividend - seems quite unfair if the case as am sure the billions withheld is earning them good coin/interest on money market's till then...
Click to expand...

Belli said:
It is silly. Computers don't know whether or not it's a non-business day. Restricting payment of dividends/distributions to a business day is archaic really. Crikey, it would mean you cannot use a card to pay for petrol or groceries after business hours if you apply the principle fully.
Click to expand...
I blame Government.

BHP is and has been run better than any state or federal government in my lifetime.

If the silly bastards we elect declare a holiday (or holidays in Victoria's case), why should a mining company have to do cartwheels to pay out a divi so that it gets in to bank accounts.

Banks are closed on holidays. Full stop.

You vote for muppets then you get muppet service.

gg
 
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