BP p.l.c. Announces Third Quarter Interim Dividend for 2024
Source: www.gulfoilandgas.com 12/5/2024, Location: Europe
On 29 October 2024, the Directors of BP p.l.c. announced that the interim dividend for the third quarter of 2024 would be US$0.08 per ordinary share (US$0.48 per ADS). This interim dividend is to be paid on 20 December 2024 to shareholders on the share register on 8 November 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 third 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 29 November and 3 December 2024 (£1 = US$1.27066). Accordingly, the amount of sterling dividend payable in cash on 20 December 2024 will be:
6.2959 pence per share.
Details of the first quarter dividend and timetable are available at bp.com/dividends.
