BHP Billiton Limited (ASX:BHP) has delivered.
– Underlying profit up 33 per cent to $US9.6 billion.
– Full year dividends per share up 42 per cent to US118 cents, or around $1.60 in Australian dollars. The final dividend of US63 cents per share was a record, just eclipsing the 2014 final dividend of US62 cents.
– Net debt is at the low end of the target range at $US10.9 billion. And that’s before the $US10.8 billion proceeds from the sale of the company’s shale oil assets to BP, which BHP reiterated it expects to return to shareholders in due course.