BP p.l.c.
BPEnergy · Stock · quarterly payer
Forward Yield
4.60%
Annual Dividend
$2.02
Payout Ratio
95%
5-Yr Growth
0.7%
Ex-Date
Aug 14, 2026
Frequency
Quarterly
Summary
As of September 2026, BP p.l.c. (BP) yields 4.60% ($2.02 per share annually), with a blended fair-value estimate of $31.24 — -29% downside, so it screens as overvalued. Dividend safety grade: B (68/100). 4 years of dividend growth.
Is BP a good dividend stock?
Yes, with caveatsBP p.l.c. (BP) pays a quarterly dividend yielding 4.60% ($2.02/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- 60% total price return over 5 years
Risks
- Cut its dividend in 2021
- Elevated payout ratio (95%)
Key Data
- Dividend Yield
- 4.60%
- Payout Ratio
- 95%
- Annual Dividend
- $2.02
- 5-Yr Avg Growth
- 0.7%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- -0.22
- Market Cap
- $112.8B
- P/E Ratio
- 21.0
- 5-Yr Total Return
- 60%
- 52-Week Range
- $32.72 – $48.27
- Dividend Safety
- B · 68/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
BP Price — Last 12 Months
Daily close
Price Return
1 Year
+27%
3 Years
+13%
5 Years
+60%
52-Week Range
$32.72 – $48.27
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BP worth?
Overvaluedmedium confidenceOur blended fair-value estimate for BP p.l.c. is $31.24 per share, versus a market price of $43.81. That implies 29% of downside.
Fair Value
$31.24
Current Price
$43.81
Downside
-29%
Margin of Safety
-40%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -5.0% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $2.09 EPS, $2.02 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BP Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | — | $0.5200 | regular |
| May 15, 2026 | — | $0.4990 | regular |
| Feb 20, 2026 | — | $0.4990 | regular |
| Nov 14, 2025 | — | $0.4990 | regular |
| Aug 15, 2025 | — | $0.4990 | regular |
| May 16, 2025 | — | $0.4800 | regular |
| Feb 21, 2025 | — | $0.4800 | regular |
| Nov 8, 2024 | — | $0.4800 | regular |
| Aug 9, 2024 | — | $0.4800 | regular |
| May 16, 2024 | — | $0.4360 | regular |
| Feb 15, 2024 | — | $0.4360 | regular |
| Nov 9, 2023 | — | $0.4360 | regular |
| Aug 10, 2023 | — | $0.4360 | regular |
| May 11, 2023 | — | $0.3970 | regular |
Income Calculator
At $2.02 / yr per share
