These 20 dividend stocks have been the best income growers in the S&P 500

After all, if you begin with a high dividend yield but watch share price decline over the years, your overall return might be lousy. The value of stocks, shares and any dividend income may fall as well as rise and is not guaranteed, so you may get back less than you invested. You should not invest any beginners guide to investments in renewable energy money you cannot afford to lose, and you should not rely on any dividend income to meet your living expenses. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, administrative costs, withholding taxes and different accounting and reporting standards.

The dividend schedule below includes dividend amounts, payment dates and ex-dividend dates for BP. BP issues dividends to shareholders from excess cash the company generates. Most companies pay dividends on a quarterly basis, but 50 cent vix trader dividends may also be paid monthly, annually or at irregular intervals. The 5-year average annualized dividend growth rate of BP is -6.49%. Based on the trailing twelve months, the year-over-year dividend growth rate is 18.36%.

Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

  • You should not invest any money you cannot afford to lose, and you should not rely on any dividend income to meet your living expenses.
  • BP issues dividends to shareholders from excess cash the company generates.
  • These returns cover a period from January 1, 1988 through September 4, 2023.
  • Although its interim dividend remained unchanged, it reported a 51% fall in earnings for the first six months of 2023, compared to the same period in 2022.
  • See Best Dividend Stocks Model Portfolio for our top income & growth blend ideas.

ExxonMobil doesn’t have the highest yield in the energy patch. Yet it’s an industry giant that has proved time and again that it knows how to handle the inherent volatility of the industry in which it operates while continuing to reward dividend investors well. If you’re looking for a dividend-paying energy stock that you can count on, ExxonMobil is the first name you should consider. After looking at ExxonMobil, you’ll probably want to compare all other options to it. In the end, you might end up back where you started — with industry giant ExxonMobil as your prime selection.

What was the announcement date for the next BP (BP) dividend?

Clearly, ExxonMobil and its board believe strongly in rewarding investors with regular dividend increases. The proof is in the dividend streak, and if dividend consistency is important to you, this passive-income energy giant should be atop your list of energy stocks to consider. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on, top-rated podcasts, and non-profit The Motley Fool Foundation. Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor’s dream. But when you’re an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

The value of your investments can go down as well as up and you may get back less than you put in. Tax treatment depends on your individual circumstances and may be subject to future change. The content of this article is provided for information purposes only and is not intended to be, nor does it constitute, any form of personal advice. That brings us to the critical issue of dividend reliability. A common metric for dividend reliability is the annual payout.

The last dividend paid out to investors was $0.44 on September 22, 2023. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

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  • Clearly, ExxonMobil and its board believe strongly in rewarding investors with regular dividend increases.
  • The company still aims to sharply expand its renewables and low-carbon business by the end of the decade.
  • So today, instead of a screen designed to highlight stocks with high current dividend yields, we look at the compounding of dividend payouts over time.
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Dividend yield among US equities is down, but much higher dividend yields can… Customized to investor preferences for risk tolerance and income vs returns mix. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

At $23.64 per share, BP is priced at an EV/EBITDA multiple of 6.70x, and a P/E multiple of 9.17x. BP appears to look cheap as compared with Exxon (EV/EBITDA at 11.75x) and Chevron (EV/EBITDA at 9.98x and P/E at 50.07x) but BP is very likely a value trap, judging from the discussion above. In summary, the dividend distribution of BP has not had the backing of robust business fundamentals for a long while; going forward, the long-term prospect will very likely get worse, not better. The return on equity, EBITDA margin, net margin, and FCF margin of BP, compiled by Laurentian Research for The Natural Resources Hub based on the company-released sources. The dividend history of Chevron, compiled by Laurentian Research for The Natural Resources Hub based on the company-released sources.

Goldman Sachs executive Chris Kojima to leave, memo says

Lawler, who joined BP in 2014 from SandRidge Energy, where he served as executive vice president and chief operating officer, oversaw more than 30,000 US employees. Get this delivered to your inbox, and more info about our products and services. In fact, I’m so convinced that the stock will make a good long-term investment, I’ve recently bought some. I know there are other stocks presently offering higher yields.

BP dividend payout ratio

Add BP plc to receive free notifications when they declare their dividends. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days. The Zacks Consensus Estimate for 2023 is $3.04 per share, which represents a year-over-year growth rate of 12.18%.

BP News

Citi analysts say the shares could receive a new push in the first half of 2024. During tough economic periods, dividends from mining and energy companies usually trend lower. This is because raw materials demand can fall sharply as factory activity and global trade flows cool. Build conviction from in-depth coverage of the best dividend stocks. The company also increased its share repurchases plan for the current quarter to $3.5 billion after it bought $4.1 billion in the first half of the year.

This is actually a rather complicated concept full of nuances depending on a company’s capital allocation policy, and secularity (or cyclicity) of the industry, among other factors. To avoid seeing the forest for the trees in dividend analysis, I prefer forex scalping strategy to examine dividend reliability in light of the economic moat. Learn more about dividend stocks, including information about important dividend dates, the advantages of dividend stocks, dividend yield, and much more in our financial education center.

BP plc Optimized Dividend Chart

Note, too, that when oil prices recovered, ExxonMobil simply reduced its leverage. Thus, it is again ready to handle the next industry downturn. If you’re seeking a reliable dividend stock, the cyclical energy sector is a rough place to start looking. Performance in this group often swings, sometimes very quickly, between huge profits and painful losses.

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