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BHP May Raise Dividend After Scrapping Potash Takeover Bid
Nov. 15, 2010 09:23PM PST
Potash Investing
BHP Billiton Ltd.(NYSE:BHP) may raise its dividend in the first half after scrapping a $40 billion takeover bid for Potash Corp. of Saskatchewan Inc.
BHP Billiton Ltd.(NYSE:BHP) may raise its dividend in the first half after scrapping a $40 billion takeover bid for Potash Corp. of Saskatchewan Inc.
The market news is quoted as saying:
BHP resumed plans to purchase $4.2 billion of its shares under a $13 billion buyback program suspended in 2007, the Melbourne-based company said today after announcing it abandoned its offer for the world? largest fertilizer maker.