BP PLC Q4 2019 Payment of dividends in sterling (2556G)
March 16 2020 - 5:20AM
UK Regulatory
TIDMBP.
RNS Number : 2556G
BP PLC
16 March 2020
16 March 2020
BP p.l.c.
Fourth quarter interim dividend for 2019
Payments of dividends in sterling
On 4 February 2020, the Directors of BP p.l.c. announced that
the interim dividend for the fourth quarter 2019 would be US$0.1050
per ordinary share (US$0.630 per ADS). This interim dividend is to
be paid on 27 March 2020 to shareholders on the share register on
14 February 2020. 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 fourth 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 10 to 13 March 2020 (GBP1 = US$1.28742).
Accordingly, the amount of sterling dividend payable in cash on 27
March 2020 will be:
8.1558 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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DIVMZGMFLVRGGZG
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