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Tuesday February 08, 09:58
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BP lifts fourth-quarter dividend
(by Mark Riley)
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BP Plc, an oil giant for Europe, added its 4th-quarter dividend 26% on boosting quarterly profits.
Net income for the fourth quarter added $3.03 billion, or 14 cents per share, from $2.25 billion, or 10 cents per share, the company said in a statement.
The dividend will, therefore, be raised 8.5 cents per share form the prior 6.75 cents per share.
This year the company may give as much as $23 billion to shareholders, its CEO John Browne said today.
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