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Here’s Where To Find Big Dividends From The Coal Boom

BHP Group (BHP) is returning a record amount of cash to investors as surging coal prices helped the world’s biggest miner deliver a 26% increase in annual profits.

Its underlying cash profit for the year of $40.6 billion was 16% ahead of last year and almost double the 2020 financial year, when iron ore prices were soaring. Underlying profit from continuing operations—a key measure for mining companies—rose 26%, to $21.32 billion, on revenue up 14% to $65 billion in the year to June.

So, what comes next for BHP?

This post originally appeared at Investors Alley.