BP Plc Cuts Dividends, Is Exxon Mobil Next?

British based energy giant BP PLC (NYSE:BP) cut dividends by 50% to 31.50 cents/share for each American Depository Receipt ( minus any ADR fees). This was the first dividend cut for BP since 2010, when it had a costly oil spill in the Gulf of Mexico. BP Follows Royal Dutch Shell And Cuts Dividends This is the second […] …read more

Source:: Yahoo Finance

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