Why does BHP Billiton declare its dividends in US$?
The US dollar, in which the majority of the Group’s sales are made, most reliably records the Group’s global business performance and is BHP Billiton’s main reporting currency. It is, therefore, the currency in which dividends are determined. However, BHP Billiton Limited dividends are mainly paid in Australian dollars and BHP Billiton Plc dividends are mainly paid in pounds sterling to shareholders on the UK section of the register and South African rand to shareholders on the South African section of the register.