Payment of dividends in sterling

BP PLC

11 June 2024

 

11 June 2024

BP p.l.c.

First quarter interim dividend for 2024

Payments of dividends in sterling

On 7 May 2024, the Directors of BP p.l.c. announced that the interim dividend for the first quarter of 2024 would be US$0.07270 per ordinary share (US$0.4362 per ADS). This interim dividend is to be paid on 28 June 2024 to shareholders on the share register on 17 May 2024. The dividend is payable in cash in sterling to holders of ordinary shares and in US dollars to holders of ADSs. The board has decided not to offer a scrip dividend alternative in respect of the first quarter 2024 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 three dealing days between 5 June and 7 June 2024 (£1 = US$1.27937). Accordingly, the amount of sterling dividend payable in cash on 28 June 2024 will be:

5.6825 pence per share.

Details of the first 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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