During the commodity price boom from 2004-2011 BHP Billiton’s board raised the firm’s dividend to an unsustainable level. Now, in the commodity bust, the board has been forced to cut it by 75%.
The board has been heavily criticised for its conduct of dividend policy. Critics have focused mainly on the type of dividend policy and timing...
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Erosion control stands as a paramount concern in Australia, particularly amidst the backdr…
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