BP PLC Payment of dividends in sterling
12 March 2024 - 8:00PM
RNS Regulatory News
RNS Number : 4124G
BP PLC
12 March 2024
12 March 2024
BP
p.l.c.
Fourth quarter interim dividend for 2023
Payments of dividends in sterling
On 6 February 2024, the Directors of
BP p.l.c. announced that the interim dividend for the fourth
quarter of 2023 would be US$0.07270 per ordinary share (US$0.4362
per ADS). This interim dividend is to be paid on 28 March 2024 to
shareholders on the share register on 16 February 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 fourth
quarter 2023 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 6 March and 8
March 2024 (£1 = US$1.27718). Accordingly, the amount of sterling
dividend payable in cash on 28 March 2024 will be:
5.6922 pence per
share.
Details of the fourth 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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