Bloomberg News

BP, LVMH, Anglo American May Boost Shareholder Payouts Next Week

July 20, 2012

BP Plc (BP/), LVMH (MC) Moet Hennessy Louis Vuitton SA and Anglo American (AAL) Plc are among 34 companies in the Stoxx Europe 600 Index that may increase their dividends next week, according to data compiled by Bloomberg.

BP, Europe’s second-largest oil producer, could boost its payout to shareholders by 14 percent to 8 cents a share, according to Bloomberg Dividend Forecasts that factor in earnings and options prices. LVMH, the world’s biggest producer of luxury goods, might raise its dividend by 25 percent to 1 euro. Anglo American, the metals producer with mines from Chile to Zimbabwe, will increase its interim payout by 21 percent to 34 cents.

Companies in the Stoxx 600 (SXXP) may raise shareholder payouts by 11 percent in the next 12 months, according to estimates compiled by Bloomberg.

BG Group Plc (BG/), the U.K.’s third-biggest oil company, will probably also boost its dividend next week, by 10 percent to 11.9 cents, while Unilever NV (UNA), the world’s second-largest consumer-products company, may do so by 8 percent to 24.3 euro cents. GlaxoSmithKline Plc (GSK), the U.K.’s biggest drugmaker, might raise its second interim payout by 6.3 percent to 17 pence.

Royal Dutch Shell Plc (RDSA), British American Tobacco Plc and AstraZeneca Plc (AZN) are also among the companies that are forecast to increase their dividends next week.

The Stoxx 600 has gained 1.2 percent so far this week for its longest winning streak since January 2006, as companies reported better-than-expected quarterly earnings. The gauge slipped 1 percent to 259.2 at 3:11 p.m. in London today.

To contact the reporter on this story: Corinne Gretler in Zurich at

To contact the editor responsible for this story: Andrew Rummer at

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