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BP Dividend Yield Enters 'Sucker' Territory

Morningstar DividendInvestor editor Josh Peters thinks investors looking for steady yield have better options in the energy sector than BP.

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Jeremy Glaser: I am Jeremy Glaser with Morningstar.com. BP's dividend yields has risen as the stock has fallen due to the oil spill disaster in the Gulf.

I'm here with Josh Peters, Morningstar DividendInvestor editor to see if this is an attractive dividend play or if investors should look elsewhere. Josh, thanks for talking with me today.

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.