Is it a Good or bad time to buy BP shares?

RR2026 · 2011-02-09 10:27:43

Despite the recent rally to 478p, BP shares are still down one-third on where they were before its Deep-water explosion. BP shares yield nearly 9% – an incredibly high yield given that this company pays £1 of every £6 churned out by UK companies every year in dividends. My question: Is it a Good or bad time to buy BP…

09-02-2011 10:27AM

#1
RR2026

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Despite the recent rally to 478p, BP shares are still down one-third on where they were before its Deep-water explosion. BP shares yield nearly 9% – an incredibly high yield given that this company pays £1 of every £6 churned out by UK companies every year in dividends.
My question: Is it a Good or bad time to buy BP shares? Your opinions please?

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stock

dividend

bp shares

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#2 10-02-2011 08:33PM

woodseb

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RR2026 wrote: »

Despite the recent rally to 478p, BP shares are still down one-third on where they were before its Deep-water explosion. BP shares yield nearly 9% – an incredibly high yield given that this company pays £1 of every £6 churned out by UK companies every year in dividends.
My question: Is it a Good or bad time to buy BP shares? Your opinions please?

i think your yield figures are wrong, it's closer to 3.5%

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