Tuesday, 20 February 2018

The benefits of buying BP.

One stock that has held up pretty well in 2018 is BP. i like this stock because it pays a dividend every 3 months. Unlike other stocks where you have to wait 6 months before seeing a return on your hard earned and diligently invested money in a dividend payment. For those looking for almost instant income BP could be the stock of choice.

 BP (BP.L) plans to make final investment decisions on three major new oil and gas projects in 2018 and possibly more, Chief Executive Officer Bob Dudley told reporters at the IP Week conference
** Dudley said that BP will stick to its annual spending budget of $15 to $17 billion into 2021 despite higher oil prices
** "At BP we are going to keep within that capital discipline. It is one of the things that shareholders say 'make sure that because the price is up you don't start overspending and being late' (on project deliveries) so we will stick with the $15-$17 billion of capital framework through 2021," Dudley said

bp

Disclaimer: This is not financial advice. the information here is for entertainment and educational purposes only.

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