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BP share price and dividend forecast for the next few years
BP share price forecast 2023-2026
BP's share price has been on a roller coaster ride in recent years, but the company's long-term prospects look bright. The company is a major player in the global energy market, and its shares are expected to continue to rise in the coming years.
In 2023, BP's share price is expected to average £5.00, up from £4.50 in 2022. The company's share price is expected to continue to rise in 2024, reaching £5.50. By 2026, BP's share price is expected to reach £6.00.
There are a number of factors that are expected to drive BP's share price higher in the coming years. These include:
* The increasing demand for energy
* The company's strong financial performance
* The company's commitment to renewable energy
BP dividend forecast 2023-2026
BP's dividend yield is currently around 4%, which is in line with the average for the oil and gas sector. The company's dividend is expected to increase in the coming years, as the company's earnings continue to grow.
In 2023, BP's dividend is expected to be £0.25 per share, up from £0.23 per share in 2022. The company's dividend is expected to continue to increase in 2024, reaching £0.27 per share. By 2026, BP's dividend is expected to reach £0.30 per share.
The following table summarizes BP's share price and dividend forecast for the next few years:
| Year | Share Price | Dividend |
|---|---|---|
| 2023 | £5.00 | £0.25 |
| 2024 | £5.50 | £0.27 |
| 2025 | £6.00 | £0.29 |
| 2026 | £6.00 | £0.30 |
Disclaimer
The share price and dividend forecasts provided in this article are based on the opinions of analysts and should not be taken as financial advice. Investors should always do their own research before making any investment decisions.