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Regulatory Story
Company BP PLC
TIDM BP.
Headline Q1 2019 Payment of dividends in Sterling
Released 09:29 10-Jun-2019
Number 6569B09

RNS Number : 6569B
BP PLC
10 June 2019
 

10 June 2019

 

BP p.l.c.

First quarter interim dividend for 2019

Payments of dividends in sterling

 

On 30 April 2019, the Directors of BP p.l.c. announced that the interim dividend for the first quarter 2019 would be US$0.1025 per ordinary share (US$0.615 per ADS). This interim dividend is to be paid on 21 June 2019 to shareholders on the share register on 10 May 2019. The dividend is payable in cash in sterling to holders of ordinary shares and in US dollars to holders of ADSs. A scrip dividend alternative has been made available for this dividend allowing shareholders to elect to receive their dividend in the form of new ordinary shares and ADS holders in the form of new ADSs.

 

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 4 to 7 June 2019 (£1 = US$1.27084). Accordingly, the amount of sterling dividend payable in cash on 21 June 2019 will be:

 

8.0655 pence per share.

 

Details of the first quarter 2019 dividend and timetable are available at www.bp.com/dividends and details of the Scrip Dividend Programme are available at www.bp.com/scrip.



 


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