BP p.l.c. (BP) - A Good Option for Dividend Investors

BP p.l.c. (NYSE:BP) is included among the 15 Best Natural Gas and Oil Dividend Stock to Buy Now.

BP p.l.c. (NYSE:BP) raised its dividend by 4% to $0.0832 per share in August, in addition to announcing a  $750 million share buyback for the second quarter. The company expects the total of its dividends and share buybacks over time to be around 30% to 40% of operating cash flow and boasts an impressive annual dividend yield of 5.66% as of the writing of this piece, putting it among the Best Oil and Gas Dividend Stocks on our list.

As is the case with several other energy giants on our list, BP p.l.c. (NYSE:BP) is rigorously working to reduce costs in order to stay profitable and maintain its high shareholder returns. In order to further simplify its portfolio and reduce debt, the company announced a $20 billion divestment program earlier this year, which it expects to deliver through 2027.

There has also been a shift in strategy at BP p.l.c. (NYSE:BP) recently, with current CEO Murray Auchincloss hiking spending on oil and gas and slashing the company’s low-carbon budget.

BP p.l.c. (NYSE:BP) is a British multinational company recognized worldwide for quality gasoline, transport fuels, chemicals, and alternative sources of energy such as wind and biofuels.

While we acknowledge the potential of BP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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