After many years of holding BP shares, I finally sold them. $BP. (-1,86 %) share.
Lack of perspective, hardly any growth despite annual share buybacks and dividend increases.
Deathblow that meanwhile competition like Shell $SHEL (-0,68 %) and Total Energies $TTE (-0,9 %) 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 (-0,68 %)
and in the refrigeration and air conditioning technology of Carrier Global $CARR (+0,17 %) 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 ☝🏻😜