Why BP is a Top 25 Dividend Giant

“BP p.l.c. (Symbol: BP) has been named as a Top 25 ”Dividend Giant” by ETF Channel , with a whopping $14.39B worth of stock held by ETFs, and above-average ”DividendRank” statistics including a strong 7.04% yield, according to the most recent Dividend Channel ”DividendRank”report. The report noted a strong quarterly dividend history at BP p.l.c., and favorable long-term multi-year growth rates in key fundamental data points.”

“The annualized dividend paid by BP p.l.c. is $2.40/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 08/09/2017. Below is a long-term dividend history chart for BP, which the report stressed as being of key importance. Indeed, studying a company’s past dividend history can be of good help in judging whether the most recent dividend is likely to continue.”