4.77% Jul 31, 04:14 PM
$2.34 Paid Quarterly
48.6% EPS $4.81
2 years Since 2012
6 days Aug 06, 2014

BP - Upcoming Dividend Payouts
Next Ex-Dividend Date Aug 06

Amount Declare Date Ex-Dividend Date ▲ Record Date Pay Date Payout Type
$0.5850 2014-08-06 2014-08-08 2014-09-19 Regular
Date has passed
Next Ex-Dividend Date
Next Pay Date

BP - Dividend Yield & Stock Price History
Current Dividend Yield 4.77%


BP - Dividend Payout History
Current Annual Payout $2.34

Dividend payouts are split-adjusted

BP - Dividend Growth History

Annualized Growth
Annualized Growth
Annualized Growth
Annualized Growth
Annualized Growth
Last 5 Yrs
Annualized Growth
Last 3 Yrs
Years of
Reveal Dividend Growth History for BP. 37.6% 10.6% 2 years
Annual dividend amounts based on Ex-dividend date

BP - Historical Annual Dividend Data & Growth
Payouts Increasing For 2 years

Payout Amount Calendar Year Annual Growth
$2.1900 2013 10.6%
$1.9800 2012 17.9%

BP - Historical Dividend Data
Payouts Increasing For 2 years

Payout Amount Declared Date Ex-Dividend Date Record Date Pay Date ▼ Qualified Dividend? Payout Type Frequency
$0.5850 2014-08-06 2014-08-08 2014-09-19 Unknown Regular Quarter
$0.5850 2014-05-07 2014-05-09 2014-06-20 Unknown Regular Quarter
$0.5700 2014-02-12 2014-02-14 2014-03-28 Unknown Regular Quarter
$0.5700 2013-11-06 2013-11-08 2013-12-20 Unknown Regular Quarter
$0.5400 2013-08-07 2013-08-09 2013-09-20 Unknown Regular Quarter

BP PLC (BP) - News

  • Before Tuesday's opening bell, BP plc (ADR) (BP) reported higher Q2 earnings while revenue declined. BP's Earnings in Brief BP reported...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Finding a suitable investment when markets are near all-time highs can be quite a tall order, as some stock prices can look pretty inflated. Even...
  • Before Tuesday's opening bell, BP plc (BP) reported lower first quarter earnings. The company also announced plans to raise its dividend. BP's...
  • A well thought-out and disciplined investment can be one of the hardest to make. While it is one thing to enter a position with strong conviction,...
  • Shares of BP plc (ADR) (BP) were down on Tuesday morning after the company reported fourth quarter earnings that declined from last year. BP's...
  • Market Wrap-Up for Dec. 5 - Dealing with Dividend Reductions

    One of the biggest themes in the dividend world is increasing payouts, as a number of companies pride themselves on consistently increasing their dividends on an annual basis. Some firms have been able to keep up this trend for over 50 years, while others are just finding the stability to do so. On the other end of the equation, there are some companies that are forced to reduce or even halt their dividend, leaving investors wondering if the stock is still worth an allocation.

    Reacting to Dividend Reductions

    In some cases, it can be easy to see a dividend reduction coming. Some companies hold unsustainable payout ratios, or are simply not confident enough in their business to maintain their current payout. Most firms will avoid a dividend cut until it's absolutely necessary, as it often causes their stock to drop significantly. There are times, however, when a firm has no other choice but to cut back on its payouts. As an investor, you will want to figure out the specific reason for the drawback in order to decide how to move forward. Firstly, times of recession or economic disparity are often the cause of scaling back a dividend payout. There are a number of strong companies that are able to weather the storm of economic downturns, but some are simply not large enough to keep up with a recession and pay out a consistent dividend. In this case, macroeconomic factors are the culprit for the reduction or suspension and it may be the case that the firm will be able to increase or reinstate the payout once conditions improve. The other side of the coin comes from a company that is simply not performing well enough to maintain a payout, as its cash is needed for operations and investments within the company. This is often a red flag for investors, as it shows that the company is suffering from the inside out. The problem is especially apparent when broad markets are in a bull-run and said company is still unable to perform. In this case, investors are almost always better off reallocating their assets elsewhere. There is certainly a chance that a firm can turn things around, but your money is probably better off with a more stable dividend payer in the meantime (especially if you depend on dividends for income). Somewhere between the previous two scenarios comes the one-off event reduction or halt, something that is probably best exemplified by BP PLC (BP) .

    BP and Its Dividend Woes

    From the early '90s all the way until 2010, BP had a stable history of increasing its dividend (save one or two quarters early on); however, early 2010 saw the company thrust into the spotlight for its role in the Deepwater Horizon oil spill - one of the worst environmental disasters in recent memory. The stock subsequently plummeted and due to the costs of the cleanup and litigation the company cut its dividend shortly thereafter.

    BP Dividend History

    At that point, an investor likely had a hard time deciphering whether or not they should stick by BP (if they had not sold already, which is what we advised investors to do very early on in the disaster). In this particular case, BP's size and market share were enough to allow it to come back and reinstate its payout in early 2011, and it has increased its payout every year since. A quick look at BP would have revealed a large market cap along with significant cash reserves, two things that helped the company eventually get back in the good graces of some dividend investors. Still, the company went an entire year without making a dividend payout, which simply isn't acceptable for income investors. With one-off events like this, the decision to stick with or sell will often be left as a subjective judgement call. Your best bet is to look at the underlying financials of a company to determine the likelihood of the firm overcoming the adversity, but in most cases, you'll find it's best to exit a position when a company cuts its payout. As always, we'll keep you informed on dividend payout changes, be it reductions or raises, to help keep you in-the-know and on top of the latest happenings in the dividend world. Be sure to check the Dividend Daily for all the latest earnings reports, analyst moves, and much more.

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  • BP plc's Q3 Profit Declines; Beats Estimates; Raises Dividend (BP)

    Before the opening bell on Tuesday, BP plc (BP) announced its third quarter earnings, which were down from last year's results, but still came in above analysts' estimates. Though BP still faces billions in fines related to the 2010 Gulf of Mexico oil spill, the company was able to raise its dividend. BP's Earnings in Brief -BP reported that its Q3 replacement cost profit was down $3.178 billion from last year's Q3 figure of $4.534 billion. -Profit attributable to shareholders for Q3 came in at $3.504 billion, which was down substantially from last year's Q3 figure of $5.281 billion. -BP's profit before taxes was reported as $5.172 billion, a sharp decline from $8.064 billion reported in last year's comparable time period. -There was some good news in BP's release, which is that revenue increased to $96.6 billion from last year's Q3 revenue of $92 billion. CEO Commentary Bob Dudley, BP's CEO, had the following to say about the company's quarterly earnings: "In 2011 we set a clear target for operating cash flow in 2014 and we are confident in its delivery. The strong operational progress we are now seeing across the group, combined with our focus on disciplined investment, also underpins our confidence in growing long-term sustainable free cash flow and being able to increase shareholder distributions." Dividend Raise BP raised its quarterly dividend by 5.6% to 57 cents, or $2.28 yearly. The dividend is to be paid on December 20. The raise in its dividend brings BP's dividend yield to 5.04%. The company didn't pay a dividend at all in 2010 amid the Gulf oil spill disaster, but reinitiated its payout in 2011 and has now raised its dividend three times in the past two years. Stock Performance Investors seem to like BP's results and dividend raise, as the stock is up $1.64, or 3.75%, in Tuesday morning trading. YTD, the company's stock is up nearly 3%.

    The Bottom Line

    Shares of BP plc (BP) have a yield of 5.04% based on Tuesday morning's trading price of $45.22 and the new annualized payout of $2.28. BP plc (BP)  is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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  • BP Sues The EPA Over Government Contract Ban (BP)

    Oil and gas company BP plc (BP) has filed a lawsuit against the U.S. Environmental Protection Agency (EPA) for the agency's ban on BP obtaining government contracts. The EPA started the ban against BP picking up these contracts following the 2010 Deepwater Horizon accident. BP is now suing the agency for not lifting the ban even after the criminal case was closed. BP believes that the EPA should have lifted the ban after company pled guilty and agreed to pay $4.5 billion to the federal government. The EPA said that it expects to maintain the ban on additional government contracts until BP can prove business integrity. The agency did note that this ban does not affect existing contracts. BP shares were mostly flat during Tuesday morning trading. The stock has been mostly flat YTD. The Bottom Line Shares of BP plc (BP) have a 5.25% yield based on Monday's closing price of $41.11. BP plc (BP) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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