Bp Share Discussion Threads

[adh0] 08/6/2017 14:08

My notes say 8.2p per share per quarter but I think it changes slightly depending on the exact exchange rate at the time they come to be paid.

Ballpark figure though you can assume 8p would be a fair assumption.

[revell40] 08/6/2017 14:00

Can anyone tell me what the quarterly dive is is Is in sterling please ta

[pete123456] 08/6/2017 12:40

ex div 10 aug

[gbh2] 08/6/2017 12:31

Just look atm would a regular be kind enough to save me looking up what and when the next ex divi date is please?

[smurfy2001] 08/6/2017 08:39

Bought 5000 @ 457.05.

Will sell over 470p and take divis on the way.

[neilyb675] 07/6/2017 20:18

Dividend payment date and first date of dealings in the new shares - 23rd June

[mreasygoing] 07/6/2017 19:41

If Jezza and Farron get a sniff, you'll be able to buy at £3.00

[smurfy2001] 07/6/2017 18:42

Nice to see it down. This is a lovely trading share. Further down and l buy 5000 shares for a cheeky trade and free divis on the way.

[hellscream] 07/6/2017 16:44

what a surprise going back to 450 >.> not.

[optomistic] 07/6/2017 15:40

Interesting move!

...at least it closed all the recent gaps :-)

[hellscream] 07/6/2017 15:26

vote for corbyn!! we've had 7 years of austerity on our shares.

[mreasygoing] 06/6/2017 15:40

This is nothing.

[hellscream] 06/6/2017 15:36

theres already a bloodbath in the market, what one you talking about?

[mreasygoing] 06/6/2017 15:23

Keep your powder dry. The market later this year is going to be a bloodbath. Nasty cuts already on some high beta mid caps.

[hellscream] 06/6/2017 14:53

the 7 year chart says yes it will go to 450.

[smurfy2001] 06/6/2017 11:26

Looking for 450p will it happen ??

[hellscream] 06/6/2017 04:46

Keep Calm and Carry On.. because we cant do anything.

[karateboy] 05/6/2017 19:56

Ediot is back

[hellscream] 04/6/2017 05:40

this is what happens when you import the third world into your country, we asked for it.

[optomistic] 01/6/2017 09:58

BP CEO, Bob Dudley, tells CNBC his company is "deeply viable" and that he sees "nothing but potential" in their balance sheets.

[karateboy] 31/5/2017 19:40

Since 09:30 this ediot has not given the above post a Thump down.

[overthebridge] 31/5/2017 09:31

carboniferous gas play in southern North Sea block 43/26a that, if successful, could open up a new phase of development in the region.Anyone know when these results are roughly due?

[waldron] 30/5/2017 13:02

Shell and BP dividend ‘looks more sustainable’, says top income investor
News
30 May 2017

Simon Gergel, who runs the Merchants Investment Trust, which has a yield of 4.9 per cent, has revealed the reason why he remains keen on the shares of oil giants BP and Shell.

COMMENT

Gergel: Shell and BP dividends ‘look more sustainable’

Gergel sees dividend potential in BP shares
David Thorpe
David Thorpe

Shell is the largest investment in the £702 million Merchants Investment Trust.

Gergel commented, ‘the big oil companies have cut their capital expenditure to the extent that they can now pay the dividend from the cash they generate and also can pay for the investment they make. The dividend is more sustainable now that it has been for some time, and it may be that we get a higher oil price from here as well, offering a further boost to earnings.’

In contrast he is rather less keen on the investment case for the UK housebuilders, commenting, ‘whilst the companies themselves look to be trading on cheap valuations, they are trading at a premium to the value of their net assets. Its not that we are particularly negative on the housebuilders as a sector, but the shares have gone up a lot.

He added that he is ‘relatively optimistic’ about the outlook for the UK consumer, remarking that, ‘unemployment is low, and the living wage increase will put more money in people’s pockets.’

Read more: Alex Wright: The best ‘defensiveR17; shares for investors today

Amongst the stocks he likes with exposure to the UK consumer are Greene King, a pub company of which he commented, ‘they are showing real earnings growth since the acquisition of Spirit (a rival pub company).’

He has relatively less exposure to the mining sector than does his peer group as a whole, but does have investments in BHP Billiton and Antofagasta, both mining companies that have performed well of late.

Read more: JP Morgan: It’s unlikely UK interest rates will rise in the next year

The Merchants Investment Trust has returned 29 per cent over the past year, compared with 22 per cent for the average trust in the AIC UK Equity Income sector in the same time period. It trades at a discount to net assets of 4.9 per cent.

The largest investments in the trust are Glaxosmithkline and Royal Dutch Shell.