BHP Group Ltd (ASX: BHP) stock, which was the world's biggest dividend payer in 2021 and 2022, has dropped to the sixth largest dividend payer globally in 2023. Analysts suggest that BHP's dividend is headed downward over the next four financial years, and a recovery for iron ore is key for the stock's dividend to recover in the shorter term. However, the iron ore price has dropped from above US$140 per tonne at the start of 2024 to just under US$100 per tonne in early April, although it has rebounded to US$110 per tonne. BHP is heavily focused on copper as the material to invest in and expand, and recent acquisitions of quality copper assets may help boost the stock and dividend if copper prices continue to rise. Analysts estimate that BHP's dividend won't reclaim its global dividend crown anytime soon, but acquiring Anglo American could boost its scale and underlying profit, particularly if copper prices keep increasing. [b84ddb98]
This article discusses the potential of investing in BHP and Resmed CDI shares on the ASX. BHP is a mineral exploration and production company known for reliable dividend payments. Resmed is a medical equipment company providing CPAP machines for sleep apnea treatment. Both companies have global operations and are listed on the ASX. The article highlights BHP's historical dividend yield and Resmed's role in the medical equipment industry. [8aa18385]