BP Announces Interim Dividend Increase Of 10% To 8.000 Cents Per Ordinary Share, Payable September 20, 2024; Holders Of ADSs Are Expected To Receive $0.48 Per ADS
Portfolio Pulse from Benzinga Newsdesk
BP has announced a 10% increase in its interim dividend to 8.000 cents per ordinary share, payable on September 20, 2024. Holders of American Depositary Shares (ADSs) will receive $0.48 per ADS. The ex-dividend date is August 8, 2024, for ordinary shareholders and August 9, 2024, for ADS holders.
July 30, 2024 | 6:32 am
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POSITIVE IMPACT
BP has increased its interim dividend by 10% to 8.000 cents per ordinary share, payable on September 20, 2024. ADS holders will receive $0.48 per ADS. This move is likely to positively impact BP's stock price in the short term as it reflects the company's strong financial health and commitment to returning value to shareholders.
The 10% increase in the interim dividend indicates BP's strong financial performance and commitment to shareholder returns. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100