Dividend DeclarationSource: RNS
10 June 2022
First quarter interim dividend for 2022
Payments of dividends in sterling
On 3 May 2022, the Directors of BP p.l.c. announced that the interim dividend for the first quarter of 2022 would be US$0.0546 per ordinary share (US$0.3276 per ADS). This interim dividend is to be paid on 24 June 2022 to shareholders on the share register on 13 May 2022. 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 first quarter 2022 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 and 8 June 2022 (£1 = US$1.25356). Accordingly, the amount of sterling dividend payable in cash on 24 June 2022 will be:
4.3556 pence per share.
Details of the first quarter dividend and timetable are available at bp.com/dividends. For further information on your dividend payment options visit bp.com/drip.