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BP p.l.c. Message Board

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  • ambrosealum ambrosealum Sep 11, 2010 12:27 AM Flag

    Any guesses on when the div is restarted

    My understanding is that BP has contracted for $50 million (34.5 million pound) wor

    th of TV advertising to manage their image during the course of this disaster," Obama said. "In addition, there are reports that BP will be paying $10.5 billion -- that's billion with a "B" -- in dividend payments this quarter."

    My problem is that the President and other were stating the entire years dividend not a quarter. Look at the number of shares times by .84 and then times by 4 to get the yearly distribution. What was said was completely false.
    When will the divy come back? I am hoping 2011, if not I will move on.

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