Ruben Schoff · 2024-08-22T13:38:42.409031Z

Increased, nice inflation protection with steadily rising divi thanks to BP

1Año

Inflation protection? Dividend "steadily rising"? Sounds like an in-depth analysis😅. Brief research on my part paints a different picture but hey, to each his own opinion.

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Ruben Schoff@Sand

1Año

@All-in-or-nothing then get started with your research - you still want to learn something!

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ad_absurdum@ad_absurdum

1Año

@Sand From 2005 until today -35 % without a significant high in between. On average -0.751 % dividend "growth" over 10 years. Either you haven't looked at the share once or you have a completely abstruse idea of inflation protection and steady growth.

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Ruben Schoff@Sand

1Año

@ad_absurdum if you got in during Corona times, things have been going great since then, the company has developed splendidly, reduced debt, buys back shares, increases the divi annually in the 10% range when +- oil price 60 USD and has come back in terms of price with good prospects for the future. Oil will still be needed for a long time - I'm in until 2030 and will then re-evaluate. Solid blue chip that is miles better than 10 years ago in terms of key figures and is trading well below the prices at that time.

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All-in-or-nothing@All-in-or-nothing

1Año

@ad_absurdum thank you, that would have been exactly my reasoning. Alternatively, you can also read it yourself here (googled "BP share yield" once😉):

https://aktienfinder.net/dividenden-profil/BP-Dividende

In addition to this: very weak management compared to the competition, which simply does not manage to ensure a proper shareholder return. When it comes to future issues (what comes after oil and gas?), BP has probably been left behind mercilessly by all major European and non-European competitors. No concept, no ideas, no plans. All in all, not worth investing in from my point of view, not even for the withholding tax-free dividend.

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Don C.@PoorDad

1Año

BP is also expanding strongly in the renewable energy sector, ensuring that the fuel systems and machines get their lubricant.

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All-in-or-nothing@All-in-or-nothing

1Año

@PoorDad much later than the competition, however, which will certainly be disadvantageous in the long term.

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Don C.@PoorDad

1Año

@All-in-or-nothing yes, but unfortunately you also have to say that the oil industry is still too powerful today. Politics, lobbying, etc. We have seen in the past what the oil giants have done. They won't allow anything "new" to enter their market now and destroy/replace their business.

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Dividendenopi👴@Dividendenopi

1Año

I'm with you @All-in-or-nothing I divested from BP in May at €5.75

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Do Z.@DonPadre

1Año

If oil, then I would tend towards $XOM.

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