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Taurus

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Taurus

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Wednesday, 06/09/2010 1:47:06 PM

Wednesday, June 09, 2010 1:47:06 PM

Post# of 5205
More U.S. lawmakers demand BP halt dividend

WASHINGTON (MarketWatch) -- BP PLC /quotes/comstock/13*!bp/quotes/nls/bp (BP 30.63, -4.05, -11.67%) should stop dividend payments to shareholders until the oil major stops the runaway well in the Gulf of Mexico and cleans up the mess from the disaster, a group of U.S. lawmakers said Wednesday. Democratic Reps. Peter Welch of Vermont and Lois Capps of California plus 41 other House members made the demand in a letter to BP's chief executive Wednesday. BP has until July 27 to decide what to do about its second-quarter dividend.

http://www.marketwatch.com/story/more-us-lawmakers-demand-bp-halt-dividend-2010-06-09
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