BHP Billiton Hits Buy Point Despite Huge Loss: Here's Why

BHP Billiton (BHP) reported a huge annual loss Tuesday but its dividend is expected to tick back up despite the mining giant having scrapped a progressive payout policy earlier. Shares rose early Tuesday, trading above and below a buy point.

BHP in its 2016 annual earnings report Tuesday that it will pay an interim 14 cents dividend, comprised of the minimum pay out of 8 cents, and an additional 6 cents "reflecting continued balance sheet strength and strong free cash flow during the...

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