Dividend Flows Coverage: BP p.l.c. (NYSE:BP) dividends will reach $0.60 on Dec 16, 2016, and this is why.

Dividend Flows Coverage: BP p.l.c. (NYSE:BP) dividends will reach $0.60 on Dec 16, 2016, and this is why.

BP p.l.c. (NYSE:BP) is expected to pay $0.60 on Dec 16, 2016. The indicated annual dividend is $2.38. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on BP p.l.c.’s current price of $33.54, the dividend is 1.77%. This dividend’s record date is Nov 11, 2016 and the announcement date is Nov 1, 2016. The stock decreased 0.89% or $0.3 during the last trading session, hitting $33.54. About 8,000 shares traded hands. BP plc (ADR) (NYSE:BP) has risen 15.94% since April 5, 2016 and is uptrending. It has outperformed by 13.98% the S&P500.

BP p.l.c. is an integrated oil and gas company. The company has a market cap of $105.21 billion. The Firm provides its clients with fuel for transportation, energy for heat and light, lubricants to keep engines moving and the petrochemicals products used to make everyday items as diverse as paints, clothes and packaging. It currently has negative earnings. The Firm operates through three divisions: Upstream, Downstream and Rosneft.

BP plc (ADR) (NYSE:BP) Ratings Coverage

Out of 20 analysts covering BP (NYSE:BP), 11 rate it a “Buy”, 1 “Sell”, while 8 “Hold”. This means 55% are positive. BP has been the topic of 29 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm earned “Equalweight” rating on Monday, November 2 by Morgan Stanley. The stock of BP plc (ADR) (NYSE:BP) earned “Buy” rating by Liberum Capital on Tuesday, September 15. Argus Research upgraded the shares of BP in a report on Friday, July 31 to “Buy” rating. Bernstein upgraded the stock to “Outperform” rating in Thursday, September 10 report. Goldman Sachs upgraded BP plc (ADR) (NYSE:BP) on Friday, September 11 to “Neutral” rating. The stock of BP plc (ADR) (NYSE:BP) has “Buy” rating given on Tuesday, December 15 by Credit Agricole. The rating was upgraded by Societe Generale to “Buy” on Monday, January 18. The rating was maintained by Howard Weil with “Sector Perform” on Wednesday, October 28. The rating was downgraded by Bank of America on Friday, September 4 to “Underperform”. The firm has “Neutral” rating given on Wednesday, September 23 by Macquarie Research.

More recent BP plc (ADR) (NYSE:BP) news were published by: Investorplace.com which released: “Why BP plc (ADR) (BP), L Brands Inc (LB) and Tesla Motors Inc (TSLA) Are 3 of …” on November 01, 2016. Also Investorplace.com published the news titled: “BP plc (ADR) Stock Takes a Hit After Q3 Earnings” on November 01, 2016. Investorplace.com‘s news article titled: “BP plc (ADR): A High-Yielding Dividend Stock to Avoid (BP)” with publication date: October 23, 2016 was also an interesting one.

BP Company Profile

BP p.l.c., incorporated on April 14, 1909, is an integrated gas and oil company. The Firm provides its clients with fuel for transportation, energy for heat and light, lubricants to keep engines moving and the petrochemicals products used to make everyday items as diverse as paints, clothes and packaging. The Firm operates through three divisions: Upstream, Downstream and Rosneft. The Company’s Upstream segment is engaged in oil and natural gas exploration, field development and production, as well as midstream transportation, storage and processing. The Company’s Downstream segment has global manufacturing and marketing operations. Rosneft is an oil company. The Firm has activities in Europe, North and South America, Australasia, Asia and Africa.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment