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    BHP (ASX:BHP) announces full year results.

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    BHP GROUP announced financial results for the full-year ended June 30, 2022.

    The Board has determined to pay a final dividend of US$1.75 per share or US$8.9 billion, which includes an additional amount of US$0.60 per share (equivalent to US$.0 billion) above the 50% minimum payout policy. Total cash dividends announced of US$3.25 per share, equivalent to a 77% payout ratio.

    The merger of BHP's Petroleum business with Woodside Energy was completed on 1 June 2022 and BHP paid a fully franked in specie dividend of US$3.86 per share or US$19.6 billion.

    The divestment of BHP's 80% interest in BMC was completed on 3 May 2022.

    The unification of BHP's dual listed corporate structure was completed in January 2022.

    Underlying return on capital employed strengthened to 48.7%.

    Following the announcement the company?s share price fell1.688%.

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