3Mon·

Nice payday with 7.5% interest-bearing capital on the Ek 4th/year, thanks Bp

20.12

Received Dividends at £0.063

14 Comments

Agony@Agony

3Mon

And for free, there are over 14% price losses YTD.

•

Ruben Schoff@Sand

3Mon

@Agony You can be happy about this, buy more cheaply and sell parts at 6+ euros when the oil price rises.

••

Finanzaristokrat@Finanzaristokrat

3Mon

The trick with BP is to trade it in a swing trade. Sell above 5.80 and buy at and below €5. It's not so bad if a dividend is "lost"

••

Ruben Schoff@Sand

3Mon

@Finanzaristokrat Exactly, the main portfolio remains and 20-30% of it is traded back and forth.

••

Finanzaristokrat@Finanzaristokrat

2Mon

@Sand I have already traded BP twice in exactly the same way. 25.10.2023 at 6.16 and on 12.04.2024 at 6.283. Now I hold just under 417 shares with EK 4.85 and wait and see. Until then, I'll take the almost €30 per quarter with me.

•

Ella Marie Waschbär@DividendenWaschbaer

3Mon

@Sand So you have a minus of at least 6.5% for the year (minus taxes), while at least the American oil stocks did great.
So I don't know.

••

Ruben Schoff@Sand

3Mon

@DividendenWaschbaer Are you all traders? Just be patient, this is not Amazon and co.

••

Ella Marie Waschbär@DividendenWaschbaer

3Mon

@Sand No, I wanted to say that your delight at 7.5% is only partially correct. The bottom line is still a minus of 6.5%.

At the same time, the question is and remains to what extent BP will perform in the future. But that is a different issue.

••

Korrekturensohn@Korrekturensohn

3Mon

If I'm interested in the dividend, I couldn't care less what the share price looks like at the moment.

••

Ella Marie Waschbär@DividendenWaschbaer

3Mon

@Korrekturensohn If it's about cash flow, then it can be, that's right.

••

Ruben Schoff@Sand

2Mon

@Sand has been rising well again since the beginning of the year, patience pays off from 5.8-6.00 around partial sale and look forward to the divi in between 👍😎

••

Deleted User

1Mon

Comment was deleted

Ruben Schoff@Sand

1Mon

@Coyote980 good arguments! Many are far too impatient and short-term! Long is gold

••

View one more answer