Comments on: How BP will announce its dividend suspension http://blogs.reuters.com/felix-salmon/2010/06/11/how-bp-will-announce-its-dividend-suspension/ A slice of lime in the soda Thu, 23 May 2013 07:30:35 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: ckbryant http://blogs.reuters.com/felix-salmon/2010/06/11/how-bp-will-announce-its-dividend-suspension/comment-page-1/#comment-15846 ckbryant Mon, 14 Jun 2010 01:36:18 +0000 http://blogs.reuters.com/felix-salmon/?p=4233#comment-15846 Well, commenter jimko, wherever you are--YOUR company is destroying MY coastline at this very moment. It just kills me that your dividend check is going to be a little light as a result. Do you actually understand what stock ownership is? That's your freaking oil rig lying on the bottom of the ocean in a pile of twisted and burnt rubble. Yours. You don't get to buy shares in a company and then pretend that you are somehow utterly insulated from the moral consequences of their business decisions. You're on the hook for--potentially--the full value of your investment, every time you buy a stock. You ought to have worked that out by now, frankly. Well, commenter jimko, wherever you are–YOUR company is destroying MY coastline at this very moment. It just kills me that your dividend check is going to be a little light as a result. Do you actually understand what stock ownership is? That’s your freaking oil rig lying on the bottom of the ocean in a pile of twisted and burnt rubble. Yours. You don’t get to buy shares in a company and then pretend that you are somehow utterly insulated from the moral consequences of their business decisions. You’re on the hook for–potentially–the full value of your investment, every time you buy a stock. You ought to have worked that out by now, frankly.

]]> By: HBC http://blogs.reuters.com/felix-salmon/2010/06/11/how-bp-will-announce-its-dividend-suspension/comment-page-1/#comment-15826 HBC Sat, 12 Jun 2010 19:18:08 +0000 http://blogs.reuters.com/felix-salmon/?p=4233#comment-15826 If there were such a thing as impartial governance, BP would be obligated to pay dividends and figure its own absorption pattern for boardroom liabilities. If only. If there were such a thing as impartial governance, BP would be obligated to pay dividends and figure its own absorption pattern for boardroom liabilities.

If only.

]]> By: dWj http://blogs.reuters.com/felix-salmon/2010/06/11/how-bp-will-announce-its-dividend-suspension/comment-page-1/#comment-15813 dWj Fri, 11 Jun 2010 23:11:13 +0000 http://blogs.reuters.com/felix-salmon/?p=4233#comment-15813 LUV pays a dividend of 0.5 cents per share per quarter; my understanding (though this may be wrong) is that this is so that institutional shareholders with mandates to hold only dividend-paying stocks can own their stock. I think suspension is likely, and that any dividend would face political headwind, but I’d like to raise the possibility that BP will cut the dividend to some token amount, but not to zero. I don’t think that’s the most likely scenario, though. LUV pays a dividend of 0.5 cents per share per quarter; my understanding (though this may be wrong) is that this is so that institutional shareholders with mandates to hold only dividend-paying stocks can own their stock. I think suspension is likely, and that any dividend would face political headwind, but I’d like to raise the possibility that BP will cut the dividend to some token amount, but not to zero. I don’t think that’s the most likely scenario, though.

]]> By: jdanielwright http://blogs.reuters.com/felix-salmon/2010/06/11/how-bp-will-announce-its-dividend-suspension/comment-page-1/#comment-15805 jdanielwright Fri, 11 Jun 2010 19:51:44 +0000 http://blogs.reuters.com/felix-salmon/?p=4233#comment-15805 BBC broke it: http://news.bbc.co.uk/2/hi/business/10291371.stm BBC broke it: http://news.bbc.co.uk/2/hi/business/1029 1371.stm

]]> By: HBC http://blogs.reuters.com/felix-salmon/2010/06/11/how-bp-will-announce-its-dividend-suspension/comment-page-1/#comment-15804 HBC Fri, 11 Jun 2010 19:40:01 +0000 http://blogs.reuters.com/felix-salmon/?p=4233#comment-15804 It's like austerity, only that BP won't be actually dipping into its shareholders' pockets for more than the value of their stock. Not that it might not come to that. It’s like austerity, only that BP won’t be actually dipping into its shareholders’ pockets for more than the value of their stock. Not that it might not come to that.

]]> By: jdanielwright http://blogs.reuters.com/felix-salmon/2010/06/11/how-bp-will-announce-its-dividend-suspension/comment-page-1/#comment-15803 jdanielwright Fri, 11 Jun 2010 19:26:18 +0000 http://blogs.reuters.com/felix-salmon/?p=4233#comment-15803 Obama and Cameron should let the entire obligation for the spill be determined by the outcome of the football game tomorrow. Obama and Cameron should let the entire obligation for the spill be determined by the outcome of the football game tomorrow.

]]> By: KidDynamite http://blogs.reuters.com/felix-salmon/2010/06/11/how-bp-will-announce-its-dividend-suspension/comment-page-1/#comment-15801 KidDynamite Fri, 11 Jun 2010 19:22:39 +0000 http://blogs.reuters.com/felix-salmon/?p=4233#comment-15801 great "play-by-play" prediction Felix. well analyzed. great “play-by-play” prediction Felix. well analyzed.

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