Recent

% | $
Quotes you view appear here for quick access.

BP p.l.c. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • prabbit51 prabbit51 Apr 24, 2009 8:39 AM Flag

    How safe is the dividend?

    Dividends should be paid from the profits a
    company makes.
    I do not think it would be wise for BP to continue the dividend, at the current rate, if
    earnings can't cover.

    Think long term here, a dividend cut of, say 40%
    is prudent. The div can always be increased when
    profits improve.

    I am long BP 1,100 shares.

 
BP
36.00+0.49(+1.38%)Jul 1 4:01 PMEDT