Q3 2019 Payment of dividends in Sterling

RNS Number : 1847W

BP PLC

09 December 2019

 

9 December 2019

BP p.l.c.

Third quarter interim dividend for 2019

Payments of dividends in sterling

On 29 October 2019, the Directors of BP p.l.c. announced that the interim dividend for the third quarter 2019 would be US$0.1025 per ordinary share (US$0.615 per ADS). This interim dividend is to be paid on 20 December 2019 to shareholders on the share register on 8 November 2019. The dividend is payable in cash in sterling to holders of ordinary shares and in US dollars to holders of ADSs. The board decided not to offer a scrip dividend alternative in respect of the third quarter 2019 dividend. Dividend reinvestment plans have been made available for this dividend for ordinary shareholders and ADS holders (subject to certain exceptions) to receive additional BP shares.

Sterling dividends payable in cash will be converted from US dollars at an average of the market exchange rate over the four dealing days from 3 to 6 December 2019 (£1 = US$1.3099). Accordingly, the amount of sterling dividend payable in cash on 20 December 2019 will be:

 7.825 pence per share.

Details of the third quarter dividend and timetable are available at bp.com/dividends. For further information on your dividend payment options visit bp.com/drip.

 

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