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BP reinstates dividend for Q4

Comments (0) | 1 Feb 2011 | Rating Rating (-1 to +1): 0.0

| Print by Tim Human

Decision is boost to UK investors who saw the value of payouts fall by a 10th in 2010 following dividend cut

BP has confirmed it will pay a dividend for the first time since the Deepwater Horizon oil disaster last year.

The oil and gas company today announced it would pay a fourth quarter dividend of $0.07 and grow the dividend ‘in line with the improving circumstances of the company ...

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