Increasing Earnings, Adjusted Dividends: BP Ensures Stability for Shareholders through Strategic Changes

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Investors eagerly anticipate the dividend payout from BP BP on December 19, 2023. With a payout of $0.44 per share and an annualized dividend yield of 4.55%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on November 09, 2023

BP Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-11-09 4 $0.44 4.55% 2023-10-31 2023-11-10 2023-12-19
2023-08-10 4 $0.44 4.68% 2023-08-01 2023-08-11 2023-09-22
2023-05-11 4 $0.4 3.97% 2023-05-02 2023-05-12 2023-06-23
2023-02-16 4 $0.4 4.55% 2023-02-07 2023-02-17 2023-03-31
2022-11-09 4 $0.36 4.33% 2022-11-01 2022-11-11 2022-12-16
2022-08-11 4 $0.36 4.96% 2022-08-02 2022-08-12 2022-09-23
2022-05-12 4 $0.33 4.54% 2022-05-03 2022-05-13 2022-06-24
2022-02-17 4 $0.33 3.99% 2022-02-09 2022-02-18 2022-03-25
2021-11-10 4 $0.33 4.48% 2021-11-02 2021-11-12 2021-12-17
2021-08-12 4 $0.33 5.44% 2021-08-03 2021-08-13 2021-09-24
2021-05-06 4 $0.32 5.06% 2021-04-27 2021-05-07 2021-06-18
2021-02-18 4 $0.32 5.67% 2021-02-02 2021-02-19 2021-03-26

With a dividend yield that places it neither at the top nor the bottom, BP finds itself in the middle among its industry peers, while Ecopetrol EC boasts the highest annualized dividend yield at 21.06%.

Analyzing BP Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

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YoY Growth in Dividend Per Share

From 2019 to 2022, the company experienced a reduction in its dividend per share, decreasing from $2.45 to $1.38. This decline in dividends may raise concerns among investors and warrants further analysis to understand the factors contributing to this negative trend.

YoY Earnings Growth For BP

The earnings chart illustrates an increase in BP's earnings per share, from $3.23 in 2019 to $8.35 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.

Recap

This article takes an in-depth look at BP's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.44 per share today, translating to an annualized dividend yield of 4.55%.

With a dividend yield that places it neither at the top nor the bottom, BP finds itself in the middle among its industry peers, while Ecopetrol boasts the highest annualized dividend yield at 21.06%.

With dividend per share decreasing and earnings per share increasing from 2019 to 2022, BP appears to be emphasizing business growth by reinvesting profits rather than focusing on dividend distributions.

To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.

[Click here](https://www.benzinga.com/stock//dividends) to find details on BP's previous dividends.

To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: DividendsBZI-DP
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