Choose to receive cash dividends or participate in the scrip dividend programme
BP declares the dividend in US dollars. BP ordinary shareholders will receive the dividend in sterling and the amount they receive each quarter may vary as a result of changing foreign exchange rates The exchange rate used to determine the sterling cash dividend is the average of the market rates over the 4 dealing days prior to the sterling cash dividend announcement date. ADS holders will receive their dividend in US dollars. You can choose to receive cash dividends or participate in the scrip dividend programme.
It is strongly recommended that dividends are paid directly to your bank, building society or saving account. This avoids the risk of cheques being lost in the post, and means your dividend will be in your account on the dividend payment date.
The easiest, quickest and most secure way to provide your bank details is to register an account on the BP Share Centre - This link opens in a new window and provide your bank details online. Alternatively please use the dividend mandate form to provide your bank details to The BP Registrar, Capita Asset Services (Capita). If you are an overseas ordinary shareholder, you can receive dividend payments directly to your bank. Instead of waiting for sterling cheques to arrive by mail it is possible to participate in the International Payment Service (IPS) and receive dividend payments direct to your bank account in your local currency. Further information regarding the IPS including terms and conditions, costs and forms for signing up are available from Capita.
The easiest, quickest and most secure way to provide your bank details is to register for an adr.com account and provide your bank account details online. Alternatively please contact JPMorgan Chase to request a direct deposit dividend form. The programme was approved by shareholders at the 2010 Annual General Meeting and this approval was renewed at the 2015 Annual General Meeting.