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re: BP drop watch thread

Posted on 12/10/14 at 9:46 am to
Posted by I Love Bama
Alabama
Member since Nov 2007
37764 posts
Posted on 12/10/14 at 9:46 am to
quote:

Are you saying that they will eliminate the dividend? If so, I will be polite and say I disagree.


If Oil drops to $40 a barrel how can they not?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80841 posts
Posted on 12/10/14 at 9:49 am to
The big guns like CVX and XOM have GROWN their dividend every year for 30 years. That encompasses the oil crisis of the 80s and 2008. GROWN their dividend. To think that it would be completely eliminated is even more far fetched than BELOW $40 oil
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