Where I would reinvest my BHP Billiton Limited (ASX:BHP) dividends
Later today eligible BHP Billiton Limited(ASX: BHP) shareholders will receive the mining giant’s final fully franked 88.5 cents per share dividend. While some shareholders may use this dividend as a source of income to live from, I suspect that others will look to reinvest these funds back into the share market. Here are three shares that I would consider snapping up with these funds:. Despite its vast size, I still believe CSL can grow at an above-average rate over the coming years thanks to the quality of its management team, its growing plasma collection network, strong core business, lucrative pipeline of products, and fast-growing influenza business. Earlier this year the company announced plans to grow its capacity to a total of 300 megawatts, putting it in a great position to capture the growing demand for data storage and services. However, its shares are changing hands on a sky high earnings multiple, making them a reasonably high risk investment option.