The clock is ticking for passive income investors who want to bank – or reinvest – the upcoming BHP Group Ltd (ASX: BHP) dividend.

In morning trade today, shares in the S&P/ASX 200 Index (ASX: XJO) mining giant are trading for $66.23 apiece.

That sees the BHP share price up 55.1% since this time last year. And it doesn’t include the two fully franked BHP dividends the miner has paid (or shortly will pay) for FY 2026.

BHP currently trades on a 3.7% fully franked trailing dividend yield, or 5.2% grossed up if we factor in those franking credits.

How do I get the BHP dividend?

When BHP released its full year results on 18 August, the miner reported a 15% year-on-year increase in revenue to US$58.8 billion. And on the bottom line, BHP achieved a 30% increase in underlying profit to US$13.2 billion.

This saw management boost the final dividend to 99 US cents per share. The company said it won’t determine the precise Aussie dollar equivalent until “on or around 7 September”. But CommSec currently has it listed at AU$1.392 per share. That’s up more than 51% from last year’s final dividend.

Commenting on the dividend payout on the day, BHP CEO Brandon Craig said:

Alongside unlocking of capital from undervalued assets and investing in growth, net debt fell to below US$9 bn, while returning substantial cash to shareholders through a final dividend of 99 US cents per share…

This brings total cash returns to shareholders announced for the year to US$8.7 billion, which is US$1.72 per share fully franked, the highest in four years. Including this dividend, we will have returned more than US$115 billion to shareholders since the introduction of the CAF [capital allocation framework] in 2016.

If you want to bank the boosted dividend, you’ll need to own BHP shares at market close tomorrow, 2 September. The ASX 200 miner trades ex-dividend on Thursday. You can then expect to see that passive income hit your bank account on 23 September.

You can also make use of the company’s dividend reinvestment plan (DRP) to receive the payout as new BHP shares instead of cash.

Are BHP shares a good buy today?

Morgans’ Damien Nguyen recently issued a buy recommendation for BHP shares (courtesy of The Bull).

According to Nguyen:

BHP offers exposure to a portfolio of high-quality mining assets and remains well positioned to benefit from long term demand for copper and other critical minerals. A strong operating performance, healthy cash generation and a disciplined approach to capital allocation continue to support the investment case. While iron ore remains important, increasing copper exposure provides leverage to electrification and decarbonisation trends.

BHP appeals for potential capital growth, income and for diversified resources exposure. The company posted an attributable profit of US$9.8 billion in full year 2026, up 9% on the prior corresponding period. Revenue of US$58.8 billion was up 15%.

Nguyen also pointed to the boosted BHP dividend.

“BHP recently declared a final fully franked dividend of US 99 cents a share,” he noted.

The post Want to bank the boosted BHP dividend? You’d better hurry! appeared first on The Motley Fool Australia.

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• Are these 3 top Betashares ETFs a buy in September?
• After another big month, can BHP shares break through $70?
• BHP shares are pulling back from their record high. Is it time to sell?
• Chasing dividends? 11 ASX shares in top-paying sectors going ex-dividend this week

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

S&P/ASX 200 Index (ASX: XJO) shares are down 0.3% to 9,051.6 points on Tuesday.

Let’s check out some new ratings for ASX 200 shares this week.

Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price is $64.27, down 0.6% today and up 74% over 12 months. 

Bell Potter has a buy rating on this ASX 200 mining share. 

Analyst James Williamson said: 

MIN reported record FY26 underlying EBITDA of $2.6b (BPe $2.5b; VA cons. $2.5b) and underlying NPAT of $822m (BPe $774m; VA consensus $765m). Statutory NPAT was $1.2b (BPe $1.1b; VA cons. $966m) with $393m non-recurring items.

Completion of the US$765m MIN-POSCO lithium transaction will accelerate balance sheet deleveraging paired with strong cash flows from iron ore and lithium operations.

MIN’s mining services platform delivers a stable earnings stream that is expected to expand with internal and third-party volume growth.

The company is strongly positioned to execute its next phase of growth, having reinstated dividends.

Ansell Ltd (ASX: ANN)

The Ansell share price is $40.52, down 0.6% today and up 17% over 12 months. 

Morgans has a hold rating on this ASX 200 healthcare share. 

The broker said: 

FY26 result was strong, with adjusted EPS of US148.6c (+18%) at the top end of guidance, with adjusted EBIT of US$322m (+15% organic cc) above our forecast.

Importantly, 2H adjusted sales growth accelerated to 9.2%, with volumes improving providing some evidence that volume recovery is emerging.

While FY27 EPS guidance of US158-170c (6-14%) looks solid, the majority of gains comes from FX and buybacks rather than operating earnings, with sustainability of Healthcare growth and Industrial margins yet to be proven.

We increase FY27-28 EPS forecasts up to 5.9%, with our DCF/SOTP price target increasing to A$37.85.

Commonwealth Bank of Australia (ASX: CBA)

The CBA share price is $160.25, up 0.2% today and down 5% over 12 months. 

Remo Greco from Sanlam Private Wealth has a sell rating on this ASX 200 bank share. 

On The Bull this week, Greco said:   

This leading Australian bank posted cash net profit after tax of $10.982 billion in full year 2026, up 7 per cent on the prior corresponding period.

Revenue from ordinary activities of $30.153 billion was up 7 per cent. Investors are concerned about slowing housing credit growth.

Home loan applications fell about 15 per cent since the federal budget in May and the company’s full year result in August.

Mortgage competition remains elevated. Investors may want to consider cashing in some gains until a clearer picture emerges about the state of Australia’s housing market, the outlook for interest rates and the broader outlook for credit growth moving forward.

The post Buy, hold, sell: Mineral Resources, Ansell, CBA shares appeared first on The Motley Fool Australia.

More reading

• The RBA could hike rates in September. Which ASX shares are most at risk?
• Are these 3 top Betashares ETFs a buy in September?
• 5 things to watch on the ASX 200 on Monday
• Are these 2 top Vanguard ETFs still worth buying today?
• Buy, hold, sell: Commonwealth Bank, Goodman Group, CSL shares

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Ansell. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ASX shares have spent 2026 climbing a wall of worry, and interest rates remain the tallest brick in it.

The Reserve Bank of Australia left the cash rate at 4.35% on 11 August, the central bank’s next decision is due on 29 September.

For the first time in this cycle, the debate is no longer about when rates fall, but whether they begin to rise again.

Why a September hike is suddenly plausible

The Reserve Bank has not been subtle about its bias.

In its August statement, the Board spelled out exactly what would happen if inflation misbehaves.

The Board will continue to do what it considers necessary to bring inflation sustainably back to target, including increasing the cash rate target further if upside risks materialise.

The data since has not helped its case for patience.

Annual headline inflation eased to 3.5% in July, but the trimmed mean measure the Board watches most closely came in higher at 3.6%.

Household spending rose 1.1% in the month and 7% across the year.

Morgan Stanley now expects a hike in September, although Westpac chief economist Luci Ellis is less convinced and sees November as the more likely date.

The ASX shares most exposed to higher rates

Not every sector feels a rate rise the same way.

Let’s focus on bank stocks.

Higher rates lift deposit costs, slow credit growth, and eventually show up in arrears.

Long-duration assets are the second group, because a higher discount rate reduces the present value of earnings that only arrive years from now.

Commonwealth Bank of Australia (ASX: CBA) is a good case study.

The shares closed last week at $157.25 and are down about 1% for the calendar year.

Morgans has a sell rating on the bank.

Analyst Damien Nguyen was blunt about the valuation:

Despite these headwinds, the stock trades at a significant premium to its peers and historical valuations.

A rate rise would not break CBA, but it would test a share price that has priced in near perfection.

Goodman Group and the duration problem

Goodman Group (ASX: GMG) is another example of how rate hikes can impact ASX stocks.

The industrial property and data centre developer finished last week at $27.92, down roughly 10% for the year.

The company’s FY26 operating profit rose 15.7% to $2.675 billion, and work in progress reached $19.7 billion across 50 projects in twelve countries.

Occupancy held at 95.6%, and management is targeting 9% earnings per share growth in FY27.

The operating business is clearly performing.

But the unit price still struggles when bond yields rise, because a development pipeline stretching years into the future is worth less when money costs more.

That is the trade-off investors accept when they buy growth-heavy property exposure.

What this means for ASX shares more broadly

A single hike would not derail the market.

The S&P/ASX 200 Index (ASX: XJO) is still up 4% this calendar year and sits only a few percentage points below the record 9,296 points reached on 6 August.

Miners and healthcare names have carried much of that gain, and neither group is especially rate-sensitive.

The risk here is concentrated rather than general.

Foolish takeaway

I do not think investors should rebuild an entire portfolio around one meeting.

The Reserve Bank may well hold again, and Ellis makes a reasonable case that November is the more likely month.

But it is worth knowing which of your ASX shares you own for their yield today, and which you own for earnings that only arrive in 2030.

Those two groups behave very differently when the cash rate moves higher.

A September hike would be uncomfortable for banks and long-duration property, and largely irrelevant for a good deal of the rest of the market.

The post The RBA could hike rates in September. Which ASX shares are most at risk? appeared first on The Motley Fool Australia.

More reading

• Buy, hold, sell: Mineral Resources, Ansell, CBA shares
• Are these 3 top Betashares ETFs a buy in September?
• Are these 2 top Vanguard ETFs still worth buying today?
• Buy, hold, sell: Commonwealth Bank, Goodman Group, CSL shares
• The 2 top yielding ASX 200 bank stocks revealed (Hint: Not CBA shares)

Motley Fool contributor Mark Verhoeven has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group. The Motley Fool Australia has recommended Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.