Hey Dou, I have said along the way that I expect an increase particularly that our Group Leader, Bob Dudley recently got muched deserved pay increase! BP realizes that the underlining shareholders have patiently waited and are also due an increase.
I`m a long term investor and I`m extremely patient. I got three increases since I got on board BP and more will come down the road.
much better than 5% as an 8.3% increase equals Apple's just announced dividend increase. Also, like AAPL, BP is increasing their stock buyback. Shareholders love both. It is indicative of a successful company that, as I have said before, is shareholder friendly.
per Forbes release...
In the same earnings statement, BP also announced that it is increasing its dividend by 8.3% to 9.75 cents per share, which will be payable in June. This helps the oil giant near the end of its current $8 billion buyback program, and the company said Tuesday that it expects to divest an additional $10 billion by the end of 2015, and that shareholders should see the benefit from those divestitures.
I am fortunate to own both AAPL and BP. Wish all my investments were as lucrative.