I think BHP must have to reevaluate their commitment to progressively increasing dividends - depending on the scale of remedial costs.
Although on a bigger scale, when BP had the Gulf of Mexico Spill, it was at a time when oil prices were still relatively high so it was financially able to make provisionings when asset prices were relatively high. However I think BP cancelled dividends for some years.
I guess it could be a matter of perceptions.
Bookmarks