On September 4, BHP Billiton fell 3.41% overnight, trading at $89.55 per share, with turnover of approximately $372,200.

On the news front, BHP Billiton reached its ex-dividend date on September 4, distributing a dividend of $1.98 per share. Based on the prior trading day's closing price, the dividend corresponds to an approximate 2.14% price adjustment, constituting the primary factor behind the decline. The final dividend of $0.99 per share, declared alongside fiscal 2026 results, brought total payout to the highest level since fiscal 2022, with a 66% payout ratio beating expectations.

Simultaneously, Chief Commercial Officer Ragnar Udd confirmed his departure effective late January to assume the role of President and CEO at Albemarle Corporation. Udd had been with BHP since 1997, and the loss of a long-tenured senior executive added further pressure on market sentiment, pushing shares lower beyond the mechanical ex-dividend adjustment.

BHP Billiton reported strong fiscal 2026 results on August 18, with adjusted EPS of $5.20 beating the consensus estimate of $5.08 and revenue of $58.76 billion surpassing the $58.1 billion forecast, with copper contributing 54% of group EBITDA.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)