Dividend payment options
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 they are paid direct 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 and provide your bank details online. Alternatively please use the dividend mandate form (pdf, 147KB) to provide your bank details to Capita Registrars:
If you are an overseas ordinary shareholder, 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 Registrars.
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.
JPMorgan Chase NA
Tel: 1-877-638-5672 (toll-free in the US and Canada)
Tel: 1-651-306-4383 (outside US and Canada)
Tel: 1-651-453-2133 (for the hearing impaired)