There’s a rumor making its way around the investment community that BP might cut its dividend.
4 replies (most recent on top)
I think they might cut the dividend if other companies will do so. BP knows that they need to hang onto their shareholders no matter what. But, they can't afford another quarter like Q1 where they had to borrow a lot of money just to pay the dividend. Just my gut feeling. I would be interested in knowing what others think.
Reward the insane
Punish the humane
Why would they cut the dividend when they can let go of 10,000 people instead? Doesn't seem right.
Full steam ahead to maintain dividend as long as possible.