Menu Close

BP Dividend Yield 4 78% Bp Stock Dividend Date & History 2024

what is bp's dividend

Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show and premium investing services. But I think the business has a lot of competitive strengths, including an instantly recognisable brand, deep financial markets experience and large customer base. Looking ahead, HSBC’s long-term growth trajectory in Asia remains intact. The region is home to some of the world’s fastest-growing economies, each one being driven by rising incomes and a growing middle class. Demand for banking services should grow, underpinning HSBC’s dividend. Manager Stephen Lilley has improved the fund’s earnings per share by more than 100% each year since 2020.

  1. Looking forward, I believe BP is in a good place for the coming year.
  2. This is money that could otherwise be paid as dividends, which could make some uncertain about buying the stock now.
  3. You should not invest any money you cannot afford to lose, and you should not rely on any dividend income to meet your living expenses.
  4. Manager Stephen Lilley has improved the fund’s earnings per share by more than 100% each year since 2020.
  5. You must be a shareholder on or before the next ex-dividend date to receive the upcoming dividend.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. • Capital expenditure in the fourth quarter and full year was $7.4 billion and $16.3 billion respectively. © Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions. With a potentially long runway ahead, energy stocks could still represent positive value… See Best Dividend Stocks Model Portfolio for our top income & growth blend ideas.

A comparison of dividends with net income and free cash flow on a per-share basis, compiled by Laurentian Research for The Natural Resources Hub based on the company-released sources. We are increasing our resilient dividend by 4% per ordinary share and in addition, we are commencing a buyback of $1.4 billion from first half surplus cash flow. Should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. • bp is committed to maintaining a strong investment grade credit rating, targeting further progress within an ‘A’ grade credit rating. For 2023 bp intends to allocate 40% of surplus cash flow to further strengthening the balance sheet.

BP Dividend Growth CAGR

Looking forward, I believe BP is in a good place for the coming year. It was able to reduce net debt to the lowest level in a decade, which should ease pressure for 2024. With strong operating cash flow of $32bn, I also don’t see a problem with paying out dividends in the near future. BP’s earnings are expected to grow from $4.88 per share to $5.14 per share in the next year, which is a 5.33% increase. Enter your email address below to receive the latest news and analysts’ ratings for BP and its competitors with MarketBeat’s FREE daily newsletter. • A resilient dividend remains bp’s first priority within its disciplined financial frame.

“Terminal lucidity” may be mistaken for a turnaround of a perennially sickly business. Add BP plc to receive free notifications when they declare their dividends. BP has increased its dividend for the past 3 consecutive years. Over the past three years, the company’s dividend has not grown.

Customized to investor preferences for risk tolerance and income vs returns mix. The most recent change in the company’s dividend was an increase of GBX 0.01 on Tuesday, August 1, 2023. BP’s most recent dividend payment of GBX 0.07 per share was made to shareholders on Tuesday, December 19, 2023. BP’s next dividend payment of GBX 0.07 per share will be made to shareholders on Thursday, March 28, 2024.

BP announce an interim dividend of 6.610 cents per share

Companies with a higher dividend yield tend to have a business model that allows them to pay out more dividends from net income like real estate and consumer defensive stocks. Companies that pay dividends tend to have consistent positive net income. Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Investments in a currency other than sterling are exposed to currency exchange risk. Currency exchange rates are constantly changing, which may affect the value of the investment in sterling terms. You could lose money in sterling even if the stock price rises in the currency of origin.

At the current share price, that translates into a very attractive ordinary dividend yield of 8%. We have taken reasonable steps to ensure that any bitfinex ervaringen information provided by The Motley Fool Ltd, is accurate at the time of publishing. Any opinions expressed are the opinions of the authors only.

To see all exchange delays and terms of use please see Barchart’s disclaimer. Discover dividend stocks matching your investment objectives with our advanced screening tools. Schedule monthly income from dividend stocks with a monthly payment frequency.

The value of your investments can go down as well as up and you may get back less than you put in. Tax treatment depends on your individual circumstances and may be subject to future change. The content of this article is provided for information purposes only and is not intended to be, nor does it constitute, any form of personal advice. • In the fourth quarter, bp generated surplus cash flow of $5.1 billion and intends to execute a $2.75 billion share buyback from surplus cash flow prior to announcing its first-quarter-2023 results. Bp has now announced share buybacks from surplus cash flow equivalent to 60% of cumulative surplus cash flow since the start of 2021.

The dividend history of BP, compiled by Laurentian Research for The Natural Resources Hub based on the company-released sources. Please log in to your account or sign up in order to add this asset to your watchlist. You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add coinmama exchange review more stocks to your watchlist. Dividends are never guaranteed, but the business plans to increase its shareholder payout again this year. And a healthy £354m of cash on its balance sheet means Greencoat is well placed to pick up more assets to add to its 46 wind farms and 1,652MW of energy generation.

This meant that the quarterly dividend per share was kept the same, with a current dividend yield of 4.79%. We asked our writers to share their top dividend stock for March, including energy and financial companies. • For 2023 and subject to maintaining xm group review a strong investment grade credit rating, bp remains committed to using 60% of surplus cash flow for share buybacks. • For the fourth quarter, bp has announced a dividend per ordinary share of 6.610 cents an increase of around 10%.

what is bp's dividend

Learn more about dividend stocks, including information about important dividend dates, the advantages of dividend stocks, dividend yield, and much more in our financial education center. Income investors use dividend yield and dividend growth rate to measure the total return capability of a dividend-paying stock. As a rule of thumb and not intended for mathematical rigor (see here), the sum of the dividend yield and dividend growth rate approximates the expected total return. As a caution note for income investors, the business is committed to repurchasing $14bn worth of shares by the end of 2025. This is money that could otherwise be paid as dividends, which could make some uncertain about buying the stock now.

The content provided has not taken into account the particular circumstances of any specific individual or group of individuals and does not constitute personal advice or a personal recommendation. No content should be relied upon as constituting personal advice or a personal recommendation, when making your decisions. If you require any personal advice or recommendations, please speak to an independent qualified financial adviser.

BP Earnings History by Quarter

This increase is underpinned by strong underlying performance and supported by the confidence they have in delivering higher adjusted EBITDA as a result of updated investment plans. BP has not been a good stock for income investors to own in the past. To put it simply, BP has not been a reliable dividend payer even when it was still a major. © 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.

It is underpinned by a cash balance point of $40 per barrel Brent, $11 per barrel RMM and $3 per mmBtu Henry Hub (all 2021 real). Dividend yield among US equities is down, but much higher dividend yields can… Dividend capture strategy is based on BP’s historical data. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Some may argue BP under the leadership of CEO Bernard Looney will be transformed into a renewable powerhouse.

BP (BP) Earnings Date, Estimates & Call Transcripts

On revenue of £13.7bn, that performance demonstrates the attractive profit margins Legal & General can generate. So with the dividend yield now at 7.5%, I’m highly tempted to buy more of this stock. BP has not confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, May 7th, 2024 based off last year’s report dates.

Leave a Reply

Your email address will not be published. Required fields are marked *

You might also like...