BP Dividends and Buybacks
Dividend criteria checks 2/6
BP is a dividend paying company with a current yield of 6.5%. Next payment date is on 20th December, 2024 with an ex-dividend date of 8th November, 2024.
Key information
6.5%
Dividend yield
8.9%
Buyback Yield
| Total Shareholder Yield | 15.4% |
| Future Dividend Yield | 7.1% |
| Dividend Growth | -2.7% |
| Next dividend pay date | 20 Dec 24 |
| Ex dividend date | 08 Nov 24 |
| Dividend per share | Mex$6.405 |
| Payout ratio | 187% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BP N's dividend payments have been volatile in the past 10 years.
Growing Dividend: BP N's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| BP Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BP N) | 6.5% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Oil and Gas) | 14.3% |
| Analyst forecast (BP N) (up to 3 years) | 7.1% |
Notable Dividend: BP N's dividend (6.5%) is higher than the bottom 25% of dividend payers in the MX market (2.63%).
High Dividend: BP N's dividend (6.5%) is low compared to the top 25% of dividend payers in the MX market (7.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (186.6%), BP N's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.9%), BP N's dividend payments are well covered by cash flows.