BP 4Q 2012 Payments of Dividends in Sterling
Fourth quarter interim dividend for 2012
Payments of dividends in sterling
On 5 February 2013, the Directors of BP p.l.c. announced that the interim dividend for the fourth quarter 2012 would be US$0.09 per ordinary share (US$0.54 per ADS). This interim dividend is to be paid on 28 March 2013 to shareholders on the share register on 15 February 2013. 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 12 March 2013 to 15 March 2013 (£1 = US$1.49968). Accordingly, the amount of sterling dividend payable in cash on 28 March 2013 will be:
6.0013 pence per share.
Posted: March 18, 2013