Investors love dividend stocks because they provide dependable passive income streams and an excellent opportunity for solid total return.
The Dividend Harvesting Portfolio generated $35.71 in dividend income and increasing forward annualized dividend income to $1,954.13. My portfolio rules of not exceeding 5% per position or 20% per sector has allowed me to navigate fluctuating market conditions and mitigate downside risk. I believe that market conditions are going to get better as the Fed lowers rates and the price of oil declines, which should allow for margin expansion across the board.
BP PLC (LSE:BP.) has some big strategic questions to answer says Canadian bank RBC and it is hoping that a planned capital markets day on 26 February will clear up a lot of them.
Baghdad and BP's negotiations over a major deal to redevelop Kirkuk's oil and gas fields must include Iraq's semi-autonomous Kurdish region, the Kurdish Prime Minister told Reuters, flagging a potential conflict with the central government.
Dividend stocks are a favorite among investors for good reason. They provide a steady income stream of passive income and offer a promising avenue for total return.
The dismissal of New York City's lawsuit against XOM, BP, and SHEL underscores the complexities of climate litigation.
BP resumes production at Shah Deniz Alpha in the Caspian Sea after fixing a subsea pipeline issue, ensuring gas supplies to key regions like Serbia and Bulgaria.
US President Donald Trump, inaugurated on Monday, revoked offshore drilling bans imposed by his predecessor, Joe Biden. The move reopens 625 million acres of coastal waters for potential oil and gas development, reversing restrictions aimed at protecting marine ecosystems.
In the most recent trading session, BP (BP) closed at $31.69, indicating a -0.28% shift from the previous trading day.
BP announces a 5% reduction in its global workforce, including almost 4,700 employees and 3,000 contractor positions.
In the most recent trading session, BP (BP) closed at $31.78, indicating a +1.53% shift from the previous trading day.
BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.