BP PLC’s dividend and what else to watch for on Tuesday

Truman Slate

Amid the other bulletins, figures from Diageo and easyJet will also be of fascination

’s () 2nd-quarter effects on Tuesday are commonly expected to provide about a slash to the oil supermajor’s dividend.

Amid a prevalent bonfire of dividends in March and April, BP held organization with ten.five US cents in the 1st quarter and based on the team sticking to that stage for the full 12 months it now stands as the one largest dividend payer in the FTSE 100, at all around £6.7bn.

BP’s shares stand on a ahead dividend generate of far more than ten%, “which some argue might be in ‘too superior to be true’ territory,” mentioned Russ Mould, expenditure director at AJ Bell.

Without a doubt it is one of most-held stocks on the London market place since of this profits stream, with quite a few thousands of smaller investors on the sign-up. 

Analysts at

Read More