BHP Billiton CEO, chairman may have to resign if dividend policy maintained
Shareholders attending BHP Billiton's annual meeting in Perth on Thursday are likely to question the board relentlessly about the Brazilian dam disaster and the implication for growth of the planned reduction in capital expenditure.
But many individual investors are expected to focus their attention on the mining behemoth's commitment to the so-called progressive dividend policy, or the promise to "steadily increase or at least maintain the dividend per share in US dollar terms" at each financial half year.
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