6 September 2016
Second quarter interim dividend for 2016
Payments of dividends in sterling
On 26 July 2016, the Directors of BP p.l.c. announced that the interim dividend for the second quarter 2016 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend is to be paid on 16 September 2016 to shareholders on the share register on 5 August 2016. 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 31 August to 5 September 2016 (£1 = US$1.32313). Accordingly, the amount of sterling dividend payable in cash on 16 September 2016 will be:
7.5578 pence per share.
This information is provided by RNS