bp dividend

BP Reinstates Dividend but Problems Linger

BP has benefited from high oil prices and announced it would reinstate its dividend. However, while its fourth-quarter profit was up from a year earlier, the oil giant reported a full-year loss.

Street Wire: BP Stock Tumbles Nearly 10%

BP's (BP) stock plunged 9.7%, or $3.29, to close at $30.68 Monday on the New York Stock Exchange (NYX) amid pressure to suspend its dividend in wake of the growing Gulf oil spill.