BP boosts dividend despite profit fall as CEO Dudley bows out
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LONDON (Reuters) - BP on Tuesday raised its dividend and announced the completion of a $1.5 billion (£1.2 billion) share buyback programme in a sign of confidence in its growing oil and gas business on the last day in office for Chief Executive Bob Dudley.The shareholder boosts came as the London-based company reported a 26% drop in fourth-quarter profit which beat forecasts and $2.7 billion in charges."BP is performing well, with safe and reliable operations, continued strategic progress and..