Policy: “To grow sustainable free cash flow and distributions to shareholders”
Yield: 6.95 per cent
Payment: Quarterly, declared in dollars, paid in sterling
Last cut: 2010 (cancelled and discontinued after Deepwater Horizon spill)
447p
On average, the analysts who cover BP (BP.) expect a lot of the integrated oil giant over the next three years. According to Bloomberg consensus forecasts, revenues will rise by 30 per cent in 2017 to $238bn (£184bn) and to $272bn by 2019, while pre-tax profits are set to almost triple this year to $10.3bn, before growing at an average of 25.6 per cent in both 2018 and 2019. By that point, net debt will start to fall and projected dividends imply a forward yield in line with the existing 7 per cent rate.