New BP (NYSE:BP) chief executive officer Bob Dudley said he believes the dividend for the company should be reinstated soon, probably within several months.
While Dudley said it's a decision of the board of directors, he thinks it'll be very soon.
“It’s obviously for the board to decide but from what I see happening in
the performance of the business, I believe we will get there,” said Dudley.
He bases his assumption on the company doing well at this time.
The dividend of BP was suspended in June in response to political pressure and release capital for liabilities. Most of it was for political reasons.
No comments:
Post a Comment