BP p.l.c. (BP) to Issue Dividend of $0.08 on December 20th

BP p.l.c. (LON:BP) declared a dividend on Tuesday, October 29th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 7th will be given a dividend of $0.08 per share by the oil and gas exploration company on Friday, December 20th. This represents a dividend yield of 1.54%. The ex-dividend date is Thursday, November 7th. The official announcement can be viewed at this link.

BP Stock Down 1.4 %

LON:BP opened at GBX 374.05 ($4.85) on Thursday. The company has a debt-to-equity ratio of 79.91, a quick ratio of 0.62 and a current ratio of 1.24. The company has a market cap of £59.29 billion, a PE ratio of 1,149.24, a PEG ratio of 0.35 and a beta of 0.49. BP has a 52-week low of GBX 379.70 ($4.92) and a 52-week high of GBX 562.30 ($7.29). The stock has a 50-day simple moving average of GBX 409.08 and a 200 day simple moving average of GBX 452.80.

Insider Buying and Selling at BP

In other news, insider Murray Auchincloss acquired 87 shares of BP stock in a transaction that occurred on Monday, August 12th. The shares were acquired at an average price of GBX 434 ($5.63) per share, for a total transaction of £377.58 ($489.66). In related news, insider Murray Auchincloss purchased 87 shares of BP stock in a transaction on Monday, August 12th. The shares were purchased at an average price of GBX 434 ($5.63) per share, for a total transaction of £377.58 ($489.66). Also, insider Hina Nagarajan purchased 5,000 shares of BP stock in a transaction on Friday, September 6th. The stock was bought at an average price of GBX 407 ($5.28) per share, for a total transaction of £20,350 ($26,390.87). Insiders purchased 10,100 shares of company stock valued at $4,223,044 in the last three months. Corporate insiders own 0.26% of the company’s stock.

Analysts Set New Price Targets

BP has been the subject of a number of analyst reports. JPMorgan Chase & Co. restated an “underweight” rating on shares of BP in a research note on Tuesday, September 24th. Berenberg Bank restated a “hold” rating and issued a GBX 510 ($6.61) price target on shares of BP in a research note on Monday, August 5th. Finally, Bank of America restated a “buy” rating and issued a GBX 500 ($6.48) price target on shares of BP in a research note on Wednesday, September 4th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of GBX 632 ($8.20).

BP Company Profile

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.