Is it Worth Buying BHP Stock with $2.30 Dividend per Share?
BHP Group Ltd ( ASX: BHP ) , commonly referred to as the "Big Australian," has long been recognized as one of the premier dividend-paying stocks on the Australian share market. With a history of consistently delivering substantial dividends to its shareholders, BHP has remained a popular choice among income-oriented investors. Image Credit: Pexels Analyzing BHP's Dividend Prospects For investors eyeing BHP as an ASX dividend stock , gauging its dividend prospects for FY 2024 and 2025 is key. Analysts predict fully franked dividends of $2.30 per share in FY 2024 and $2.31 per share in FY 2025, translating to robust yields of 5.05% and 5.1% respectively. Analysts' Perspectives on BHP Stock While BHP's dividend yields are enticing, investors also seek insights from analysts regarding the attractiveness of the stock as a whole. Despite recent gains in the BHP share price, analysts see potential for further upside, albeit with some caution. Morgans, for instance, maint...