BP mulling a cut in stock dividends
By: Bill O'ReillyJune 11, 2010
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STORY EXCERPT
CNNMoney: BP is considering suspending or cutting its second-quarter dividend amid U.S. political pressure, according to a report in the Wall Street Journal. BP (BP) CEO Tony Hayward told the Journal that the company is "considering all options on the dividend." The oil giant is due to announce its dividend on July 27. The options being mulled include lowering or deferring the second-quarter dividend, the report said.
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