BP » Topics » Dividends

This excerpt taken from the BP 6-K filed Oct 27, 2009.
Dividends





This excerpt taken from the BP 20-F filed Jun 13, 2006.

(o)  Dividends

    Under UK GAAP, dividends are recorded in the year in respect of which they are announced or declared by the board of directors to the shareholders. Under US GAAP, dividends are recorded in the period in which dividends are declared.

    The adjustment to BP shareholders' interest to accord with US GAAP is shown below.

 
  At December 31,

 
Increase (decrease) in caption heading

  2004

  2003

 
 
  ($ million)

 
Other accounts payable and accrued liabilities   (1,822 ) (1,495 )
BP shareholders' interest   1,822   1,495  
   
 
 
This excerpt taken from the BP 20-F filed Jun 30, 2005.

(o)  Dividends

    Under UK GAAP, dividends are recorded in the year in respect of which they are announced or declared by the board of directors to the shareholders. Under US GAAP, dividends are recorded in the period in which dividends are declared.

    The adjustment to BP shareholders' interest to accord with US GAAP is shown below.

 
  At December 31,

 
Increase (decrease) in caption heading

  2004

  2003

 
 
  ($ million)

 
Other accounts payable and accrued liabilities   (1,822 ) (1,495 )
BP shareholders' interest   1,822   1,495  
   
 
 
This excerpt taken from the BP 6-K filed Apr 13, 2005.

2004 DIVIDENDS

 

On February 8, 2005, BP p.l.c. announced a fourth quarterly dividend for 2004 of 8.50 cents per ordinary share of 25 cents (ordinary shares), representing $0.51 per American Depositary Share (ADS) amounting to $1,822 million in total. The record date for qualifying US resident holders of American Depositary Shares as well as holders of ordinary shares was February 18, 2004, and payment was made on March 14, 2004.

 

A dividend reinvestment facility is available for holders of ADSs through JPMorgan Chase Bank (formerly known as Morgan Guaranty Trust Company). Participants in the dividend reinvestment facility included in the US Direct Access Plan received the dividend in the form of shares on March 14, 2004.

 

 

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