BP p.l.c. (BP) To Go Ex-Dividend on February 20th

BP p.l.c. (NYSE:BP) announced a quarterly dividend on Tuesday, February 10th. Investors of record on Friday, February 20th will be given a dividend of 0.4992 per share by the oil and gas exploration company on Friday, March 27th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Friday, February 20th.

BP has decreased its dividend by an average of 0.1%annually over the last three years. BP has a payout ratio of 66.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect BP to earn $4.10 per share next year, which means the company should continue to be able to cover its $1.97 annual dividend with an expected future payout ratio of 48.0%.

BP Trading Down 0.4%

NYSE BP opened at $37.52 on Wednesday. BP has a 52 week low of $25.22 and a 52 week high of $39.51. The firm has a 50 day moving average of $35.92 and a two-hundred day moving average of $35.24. The company has a quick ratio of 0.98, a current ratio of 1.26 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $98.38 billion, a PE ratio of -3,748.25, a price-to-earnings-growth ratio of 1.77 and a beta of 0.33.

BP (NYSE:BP) last released its quarterly earnings data on Tuesday, February 10th. The oil and gas exploration company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.03. BP had a return on equity of 9.68% and a net margin of 0.03%.The business had revenue of $47.38 billion during the quarter, compared to analysts’ expectations of $42.19 billion. During the same period in the prior year, the firm posted $0.44 EPS. The business’s quarterly revenue was up 3.6% compared to the same quarter last year. As a group, research analysts expect that BP will post 3.53 EPS for the current fiscal year.

BP Company Profile

BP plc is a British multinational integrated energy company headquartered in London. Originating in the early 20th century as the Anglo-Persian Oil Company, BP has grown into one of the world’s largest oil and gas companies, operating across exploration and production, refining and marketing, trading, and a range of low-carbon businesses.

The company’s core activities include upstream exploration and production of crude oil and natural gas, midstream and trading operations, and downstream refining, marketing and supply of fuels, lubricants and petrochemicals.