After many years of holding BP shares, I finally sold them. $BP. (+0.59%) share.
Lack of perspective, hardly any growth despite annual share buybacks and dividend increases.
Deathblow that meanwhile competition like Shell $SHEL (-0.33%) and Total Energies $TTE (+0.61%) want to buy up or take over.
I have taken good dividends over the years and am out with a plus.
In the end, I invested the proceeds in the competitor Shell $SHEL (-0.33%)
and in the refrigeration and air conditioning technology of Carrier Global $CARR (+3.4%) refrigeration and air conditioning technology.
I will miss the high dividend (my personal dividend yield has now reached 8%)
But Carrier and Shell are growing very strongly and if Shell were to take over BP after all, the money would end up back there ☝🏻😜