Seeking Alpha
  • Michael Bryant
    BP offers 4% dividend & is only about $13 from its 2010 low. http://yhoo.it/Pbhz8E;c=
    9/10/12
    Reply (13)
    • Energysystems: Big divi, horrible safety record. Much safer yielders in the same sector.
      9/10/12
    • slimmbrimm: only nice thing is since UK no foreign withholding tax on dividend, if you can stomach riding along with the spill that wont end.
      9/10/12
    • slimmbrimm: also have to worry about TNK-BP relationship, which accounts for roughly half of their proven reserves I believe, which is rocky @ best
      9/10/12
    • Michael Bryant: No foreign withholding tax on dividend? I guess GSK is good too. 4.7% dividend.
      9/10/12
    • slimmbrimm: BP (no tax), TOT (30% tax), STO (25% tax), PBR (15% tax), SU (15% tax), EC (no tax), SDRL (no tax) thats what i was charged on last div's
      9/10/12
    • Energysystems: Also you can get RDS in the uk shares, no dividend withholding along with a host of domestic majors.
      9/10/12
    • Energysystems: Yeah I've got a lot of UK stocks, can't stand giving away 15-30% of my dividend for nothing.
      9/10/12
    • slimmbrimm: Energy-seen u posted were watching VALE think last week, you done anything on that one?
      9/10/12
    • Energysystems: no I wasn't expecting the draghi "unlimited" stuff or the chinese "targeted" stimulus. If Ben adds to the pile it'll continue the bounce up
      9/11/12
    • Energysystems: to the low-mid 20s. But I do expect a testing of the 08 lows, some day when reality hits(if it ever does). It's still on my buy list..
      9/11/12
    • Energysystems: Just looking to get it lower
      9/11/12
    • slimmbrimm: Energy, thanks for reply, i got some now (underwater a tad) but was looking to add some more, I like ur sub 20 #, its bounce suprised me too
      9/11/12
    • slimmbrimm: sorry i like ur low 20's #, thats what i need to get back to par, afraid to add now with its current move
      9/11/12