BP will take a much more conservative approach to its future dividend policy when it reinstates its pay-out to investors, its new chief executive indicated in an interview with the Financial Times, as the UK oil group tries to recover from the Gulf of Mexico spill.
Bob Dudley said that in the past BP had paid a very high dividend “which took a lot of the free cash flow of the company [and] which probably constrained some of its ability to continue to invest”.
“So, in many ways, the ability to reset the dividend gives us a different view of strategy than we had before, it frees us up,” he added.
您已阅读33%（599字），剩余67%（1192字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。