Why did the BHP share price crash 21% in 2024?
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Unfortunately for its many investors, the BHP Group Ltd (ASX: BHP) share price had a year to forget in 2024.
The mining giant’s shares underperformed significantly over the 12 months after investors sold them down in favour of the big four banks.
What happened to the BHP share price in 2024?
Over the period, the Big Australian’s shares lost 21.5% of their value.
To put that into context, a $10,000 investment at the end of 2023 would have become worth approximately $7,850 by the end of 2024.
Though, it is worth remembering that BHP is a big dividend payer and 2024 was no exception.
During the period, BHP rewarded its shareholders with dividends totalling approximately $2.20 per share.
Based on where the BHP…