Is BP Dividend Sustainable?

Which oil company pays the highest dividend?

BPBP: The highest-yielding dividend stock in oil As one of the top-yielding oil stocks, BP catches the eye of most income seekers.

One of the main reasons that the company offers such a high yield is that it pays out a large portion of its cash flow to fund its dividend..

What is the best oil stock to buy now?

The best energy stocks to buy for 2020:Chevron Corp. (CVX)Exxon Mobil Corp. (XOM)Kinder Morgan (KMI)Williams Cos. (WMB)Cheniere Energy (LNG)Magellan Midstream Partners (MMP)Enterprise Products Partners (EPD)Phillips 66 (PSX)More items…•

How many times a year does BP pay a dividend?

Dividend Summary There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.3. Our premium tools have predicted BP plc – ADR with 86% accuracy.

What is BP’s dividend?

BP (NYSE:BP) Dividend Information BP pays an annual dividend of $1.24 per share, with a dividend yield of 5.69%.

How much is BP dividend per share?

BP Plc Ordinary US$0.25. » BP Plc Share price.

What stocks pay best dividends?

Which Are The Best Dividend Stocks?CompanySymbolDividend Yield (%)AbbVie(ABBV)5.33Citizens Financial Group(CFG)5.08Interpublic Group of Companies(IPG)4.98Fifth Third Bancorp(FITB)4.341 more row•Nov 16, 2020

Is XOM dividend safe?

It believes that the dividend is safe through 2021 with its latest capital plan (reduction in capital spending to $16 billion-$19 billion) and operating expense reductions without increasing debt, assuming a recovery in market conditions for oil and gas prices and refining and chemical margins to the low level of the …

Is BP dividend at risk?

For Its Upcoming Dividend. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. … Last year, BP paid out 208% of its profit to shareholders in the form of dividends.

Is BP a good dividend stock?

This was a crushing blow for retirees and income investors who rely on BP for dividends. The good news, however, is that in the context of BP’s depressed share price, this is actually still a generous yield. For people investing in BP stock today, the newly-trimmed dividend still offers an 8% yield.

How much is Chevron’s dividend?

SAN RAMON, Calif., October 28, 2020 – The Board of Directors of Chevron Corporation (NYSE: CVX) declared a quarterly dividend of one dollar and twenty-nine cents ($1.29) per share, payable December 10, 2020, to all holders of common stock as shown on the transfer records of the Corporation at the close of business …

What are the top 10 dividend paying stocks?

Here’s a look at some of the top dividend-paying stocks.Bristol-Myers Squibb (ticker: BMY) … Medifast (MED) … Energy Transfer (ET) … British American Tobacco (BTI) … AbbVie (ABBV) … AT&T (T) … Discover Financial Services (DFS) … Johnson & Johnson (JNJ)More items…•

What stock is best to buy right now?

Best Value StocksPrice ($)Market Cap ($B)Brookfield Property REIT Inc. (BPYU)16.280.6NRG Energy Inc. (NRG)30.817.5Ardagh Group SA (ARD)17.974.22 more rows

Can I buy BP shares?

You can buy or sell BP Plc shares through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account.

Is BP paying a dividend in 2020?

The previous BP plc dividend was 4.0433p and it went ex 4 months ago and it was paid 2 months ago. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.3….Dividend Summary.SummaryPrevious dividendNext dividendPay date25 Sep 2020 (Fri)18 Dec 2020 (Fri)5 more rows

Why are BP shares so low?

BP share price value Investor sentiment towards BP has plunged this year for two primary reasons. For a start, the oil price has collapsed. This has had a significant impact on the company’s profits. At the same time, the shift away from dirty hydrocarbons towards renewable energy has accelerated.

What is the BP share price?

Intraday BP Share ChartBP Share PriceOpen276.95High277.60Low270.00Close276.956 more rows

Is BP a buy or sell?

Momentum Scorecard More InfoZacks RankDefinitionAnnualized Return1Strong Buy24.41%2Buy17.88%3Hold9.48%4Sell5.03%2 more rows