BP p.l.c. Plans Dividend of $0.07 (LON:BP)

BP p.l.c. (LON:BPGet Free Report) declared a dividend on Tuesday, May 7th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 16th will be paid a dividend of $0.07 per share by the oil and gas exploration company on Friday, June 28th. This represents a yield of 1.14%. The ex-dividend date is Thursday, May 16th. The official announcement can be accessed at this link.

BP Price Performance

BP stock opened at GBX 505 ($6.34) on Tuesday. The company has a debt-to-equity ratio of 73.78, a quick ratio of 0.62 and a current ratio of 1.21. BP has a one year low of GBX 441.05 ($5.54) and a one year high of GBX 562.30 ($7.06). The company has a market cap of £84.74 billion, a P/E ratio of 742.65, a price-to-earnings-growth ratio of 0.35 and a beta of 0.55. The business has a fifty day moving average of GBX 503.38 and a two-hundred day moving average of GBX 482.78.

Analyst Ratings Changes

BP has been the topic of several recent analyst reports. Bank of America restated a “neutral” rating and set a GBX 500 ($6.28) target price on shares of BP in a research report on Monday, April 22nd. AlphaValue downgraded BP to a “reduce” rating in a research report on Monday, February 12th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of BP in a research note on Tuesday, February 20th. Morgan Stanley restated an “overweight” rating on shares of BP in a research report on Tuesday. Finally, Berenberg Bank reiterated a “hold” rating and issued a GBX 510 ($6.41) price target on shares of BP in a research report on Friday. Two analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, BP presently has an average rating of “Hold” and an average price target of GBX 628.57 ($7.89).

Read Our Latest Research Report on BP

Insider Buying and Selling at BP

In other news, insider Murray Auchincloss purchased 72 shares of the company’s stock in a transaction on Wednesday, April 10th. The stock was bought at an average cost of GBX 517 ($6.49) per share, for a total transaction of £372.24 ($467.52). Insiders acquired 82 shares of company stock worth $42,104 in the last 90 days. 0.28% of the stock is owned by company insiders.

About BP

(Get Free Report)

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.

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Dividend History for BP (LON:BP)

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