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BP - Horace Cugle - 10-11-2013

Next dividend is early/mid November and they are due for an increase. Last raise was from $1.92>>>$2.16, 12.5%. Current yield is 5.16% @ $41.90. About 16% upside too if you believe the analysts estimates.

I started buying BP last March and it has been steady, trading between $40-$44 but mostly $41-$43. For now it seems like a stock with a stable/flat share price, nice for reinvesting. We'll see.