BHP slides as weak iron ore prices eat into profit, dividend slashed
Portfolio Pulse from
BHP Group Ltd shares fell after the company reported a 23% drop in profit and an 8% decline in revenue due to weak iron ore prices, leading to a dividend cut.
February 18, 2025 | 9:00 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
BHP Group Ltd reported a significant decline in profit and revenue due to weak iron ore prices, resulting in a dividend cut. This has led to a drop in BHP's share price.
The decline in BHP's profit and revenue, along with the dividend cut, is directly linked to weak iron ore prices. This has negatively impacted investor sentiment, leading to a drop in the share price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100