Call us on 1300 794 893

The Experts

Your Questions Answered

Paul Rickard
Monday, November 26, 2018

Bookmark and Share

Question 1: In regard to the BHP buyback offer, you mentioned a special dividend payable in January 2019. Our assumption is that this dividend is to be paid on shareholdings left after the buyback offer has been completed. We are in pension mode in our SMSF and if we participate in the buyback, we would top up our BHP to the level of the old holding. How would the special dividend affect the purchase price of the BHP shares? Our expectation is it will increase and negate the advantages of participating in the buyback. Is our assumption correct? Would we be better off to just retain our current holding and accept the special dividend?

Click here to take a free 30-day trial to the Switzer Report to read the full answer and more.

Published: Monday, November 26, 2018

New on Switzer

blog comments powered by Disqus
Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300