Original article by Matthew Stevens, Amanda Saunders, Mark Ludlow
The Australian Financial Review – Page: 1 & 10 : 26-Nov-15
BHP Billiton’s progressive dividend policy is under scrutiny amid falling commodity prices and a downturn in its share price. BHP chairman Jac Nasser has indicated that the policy will be reviewed when the group’s 2015-16 interim results are released in February 2016. The progressive dividend policy was introduced in 2001 by former chairman Don Argus, who says it was never intended to be in place permanently. BHP has not reduced its dividend payout since 1988.
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