Financial highlights (Taken from todays results announcement)

“• Net profit after tax of $1,937 million.

• Underlying net profit after tax of $1,632 million.

• Operating cash flow of $2,393 million and positive free cash flow of $740 million.

• Australian tax and royalty payments of A$2,682 million.

• Liquidity of $8,479 million.

• Determined a fully franked interim dividend of 69 US cents per share (cps)”

Based off yesterday’s share price of $26.33, this results in roughly a 5.53% half year dividend yield (fully franked inc., with today’s exchange rate equaling $1.02 for 69 US cents). I think this is the main reason the share price jumped 5.26%, currently trading at $27.60, as most investors were worried they may not received a meaty payout due to recent acquisitions.

Very glad to be holding in my SM and IRL portfolios (largest positions). I would have bought more last week if not for the 20% rule ha. I still think this is a strong buy at current levels.