- Rio Tinto declares record total payout of 557ȼ, including a special dividend of 93ȼ
- BHP declares half-year payout of 101ȼ and management says a further raise is in the cards for the end of the 2021 financial year
Iron ore giants BHP (BHP) and Rio Tinto (RIO) have hiked dividends to record levels and given investors reason to believe even greater payouts are on the way. Some analysts are also talking about a new supercycle, driven by the Covid-19 recovery and green spending.