BP, the oil and gas company, is in a world of hurt these days. Never mind the environmental destruction going on (which is huge and a total shame), but the company financially will be hurt for some time to come. At risk for dividend investors is of course, the dividend. In this video, the topic of BP's dividend comes up. As with all dividend companies, there are many things beyond our control that can impact a company's ability to pay its dividend. Diversification is paramount.
This article was written by The Dividend Guy. To learn more about dividend investing, please follow my RSS feed or Twitter account.
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