Will BP cut its dividend?

Discussion in 'Stocks' started by crgarcia, Jun 3, 2010.

  1. According to Yahoo finance:

    At $37.65 a share, the BP dividend equals 9.20%

    Will they cut the dividend?
    (to meet its lawsuits/fines for the spill)

    If so, how much will they cut it?
  2. I don't think they can pay a dividend once this is all over.
  3. S2007S


    If they do not put an end to that leak in the next week or so and have to take the next step to stop it which will be in August according to them, they will cut the dividend by at least 50%.