Is BP going to cut its dividend?

Is BP paying a dividend in 2021?

BP p.l.c. (BP) will begin trading ex-dividend on August 12, 2021. A cash dividend payment of $0.323 per share is scheduled to be paid on September 24, 2021. Shareholders who purchased BP prior to the ex-dividend date are eligible for the cash dividend payment.

Is BP a good stock to buy 2021?

BP plc BP has witnessed upward earnings estimate revisions for 2021 and 2022 in the past 30 days. The stock, sporting a Zacks Rank #1 (Strong Buy), is likely to see earnings growth of 293.5% this year.

How are BP dividends paid?

Shareholders can choose to receive their dividend payments directly into their bank account or participate in the dividend reinvestment plan. bp no longer pays dividends by cheque. The easiest way to make your dividend payment choice is to register an account on the bp Share Centre.

What happened to BP dividends?

Oil giant BP ups dividend and confirms share buybacks as it posts better-than-expected quarterly profit. … It also increased its dividend by 4% to 5.46 cents per share, having halved it to 5.25 cents per share in the second quarter of 2020.

Why did BP cut its dividend?

BP CEO says dividend cut ‘deeply rooted in strategy‘ as energy giant ramps up renewable investment. The oil and gas giant reported a loss for the second quarter on Tuesday. Bernard Looney is focused on turning BP into “an integrated energy company.”

THIS IS INTERESTING:  Which country is the biggest investor in China?

Will BP stock ever recover?

BP increased its dividend to 5.46 cents after it was halved to 5.25 cents in July 2020 for the first time in a decade. … BP expects global oil demand to recover to pre-pandemic levels in the second half of 2022.

Is BP overvalued?

BP Share Price is 32% Overvalued, DCF Calculation Shows.

Is BP a buy sell or hold?

BP has received a consensus rating of Hold. The company’s average rating score is 2.47, and is based on 10 buy ratings, 8 hold ratings, and 1 sell rating.