Analysts: BP now trading with quite high dividend yield

Quite high dividend BP

Based on the recent analyst estimates BP now has one of the highest dividend yields of the English stock exchange.

Per share a dividend of 39 GBp is expected. The dividend yield consequently equals 7,92 percent. On average the oil & gas producer yields a rather high dividend return of around 3,07 percent.

Tomorrow the English BP will report her past quarter's results. For this year most of the analyst expect a total sales of 186,87 billion GBp. This is quite lower than the revenue over 2015 of 222,89 billion GBp.

Historical revenues and results BP plus taxations 2016

The analysts expect for 2016 a net profit of 3,64 billion GBp. For this year most of the analysts expect a profit per share of 20 GBp. With these estimates the PE-ratio equals 24,61.

Latest target prices around 537 GBp

BP is being covered by 21 analysts (only based on fundamental analysis). The average target price for the stock is at 444,15 GBp. This is around 9 percent less than the current stock price of 492,15 GBp. The three most recent recommendations for English were provided by Deutsche Bank (hold, 505,00 GBp), Morgan Stanley (buy, 535,00 GBp) and HSBC (buy, 570,00 GBp).

Based on the number of outstanding shares BP 's market capitalization equals 9046,21 billion GBp.

The stock traded at 11.12 1,42 percent lower at 492,15 GBp.

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