BP ( (BP) ) has issued an update.
On 11 February 2025, BP p.l.c. announced an interim dividend for the fourth quarter of 2024, set at US$0.08 per ordinary share and US$0.48 per ADS, to be paid on 28 March 2025. The dividend will be distributed in sterling for ordinary shares and in US dollars for ADS holders, with a conversion rate of £1 = US$1.29531, resulting in a sterling dividend of 6.1761 pence per share. The decision not to offer a scrip dividend alternative reflects BP’s strategic financial management, while the availability of dividend reinvestment plans aligns with shareholder interests.
More about BP
BP p.l.c. is a leading global energy company headquartered in London, England. The company is primarily involved in the exploration, production, refining, and marketing of oil and natural gas, along with renewable energy initiatives. BP is a significant player in the energy sector, focusing on transitioning to low-carbon energy solutions.
YTD Price Performance: 14.53%
Average Trading Volume: 11,214,641
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $88.02B
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