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Is Now The Right Time To Consider BP?

2016-03-14 03:51:54| Oil & Gas - Topix.net

At the current price BP is an excellent long-term investment, first for the generous dividend yielding 8%, and for a significant price appreciation as oil prices continue to recover. Since BP can access the debt markets for additional liquidity if needed, and it is committed to sustaining the dividend, I believe that the current dividend of $2.40 is sustainable.

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