REG - BP PLC - Q1 2017 Payment of dividends in Sterling <Origin Href="QuoteRef">BP.L</Origin>

BPAnnouncement

12/06/2017 09:30

RNS Number : 7942H
BP PLC
12 June 2017
12 June 2017
BP p.l.c.
First quarter interim dividend for 2017
Payments of dividends in sterling
On 2 May 2017, the Directors of BP p.l.c. announced that the interim dividend for the first quarter 2017 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend is to be paid on 23 June 2017 to shareholders on the share register on 12 May 2017. The dividend is payable in cash insterling 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 USdollars at an average of the market exchange rate over the four dealing days from 6 to 9 June 2017 (1 = US$1.28928). Accordingly, the amount of sterling dividend payable in cash on 23 June 2017 will be:
7.7563 pence per share.
Details of the first quarter 2017 dividend and timetable are available at www.bp.com/dividends and details of the Scrip Dividend Programme are available at www.bp.com/scrip.
Jens Bertelsen
Deputy Secretary


This information is provided by RNS
The company news service from the London Stock Exchange
  END
DIVGIGDLUDBBGRD