BP announces sterling payout 6.1942p; no scrip option for Q2 2025

Rhea-AI Filing Summary

BP p.l.c. announced its second quarter 2025 interim dividend of US$0.0832 per ordinary share (equivalent to US$0.4992 per ADS), payable in cash on 19 September 2025 to shareholders on the register as of 15 August 2025. Ordinary shareholders will receive sterling cash payments converted from US dollars using an average market exchange rate for 3-5 September 2025 of £1 = US$1.34319, producing a sterling dividend of 6.1942 pence per share.

The board will not offer a scrip dividend alternative for this quarter. Dividend reinvestment plans are available to eligible ordinary shareholders and ADS holders to receive additional BP shares. Further details and timetables are available at bp.com/dividends and bp.com/drip.

Positive

• Interim dividend declared of US$0.0832 per ordinary share (US$0.4992 per ADS), providing direct cash return to shareholders
• Sterling payout specified with an explicit conversion rate (1 GBP = US$1.34319) and calculated sterling amount of 6.1942 pence per share
• Dividend reinvestment plans (DRIP) available for eligible ordinary shareholders and ADS holders to receive additional BP shares

Negative

• No scrip dividend alternative
• Payment currency split (sterling for ordinary shares, US dollars for ADSs) may require shareholders to manage currency/payment preferences

Insights

Equity Dividend Analyst

TL;DR: Routine interim cash dividend announced; modest operational impact but supports income signals to investors.

BP declared a standard quarterly interim dividend in US dollars with a sterling conversion provided for ordinary shareholders. The cash payment date, record date, and explicit exchange rate conversion (average 3-5 Sept 2025) remove ambiguity about sterling payout amount. The board's decision not to offer a scrip alternative reduces share issuance dilution this quarter, while making DRIP available preserves an option for reinvestment by eligible holders.

Corporate Governance Specialist

TL;DR: Governance actions are procedural and transparent; dividend policy execution is consistent with shareholder return mechanisms.

The filing provides clear timetable and mechanics for the interim dividend, including currency conversion methodology and links to DRIP information. The absence of a scrip dividend option is explicitly stated, which is a material procedural choice for share-capital implications this quarter. All disclosures are concise and directly relevant to shareholder entitlements.

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

09 September, 2025

BP p.l.c.

(Translation of registrant's name into English)

1 ST JAMES'S SQUARE, LONDON, SW1Y 4PD, ENGLAND

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual

reports under cover Form 20-F or Form 40-F.

Form 20-F |X| Form 40-F

--------------- ----------------

Indicate by check mark whether the registrant by furnishing the information

contained in this Form is also thereby furnishing the information to the

Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of

1934.

Yes No |X|

--------------- --------------

Exhibit 1.1 Payment of dividends in sterling dated 09 September 2025

Exhibit 1.1

9 September 2025

BP p.l.c.

Second quarter interim dividend for 2025

Payments of dividends in sterling

On 5 August 2025, the Directors of BP p.l.c. announced that the interim dividend for the second quarter of 2025 would be US$0.0832 per ordinary share (US$0.4992 per ADS). This interim dividend is to be paid on 19 September 2025 to shareholders on the share register on 15 August 2025. The dividend is payable in cash in sterling to holders of ordinary shares and in US dollars to holders of ADSs. The board has decided not to offer a scrip dividend alternative in respect of the second quarter 2025 dividend. Dividend reinvestment plans have been made available for this dividend for ordinary shareholders and ADS holders (subject to certain exceptions) to receive additional bp shares.

Sterling dividends payable in cash will be converted from US dollars at an average of the market exchange rate over the three dealing days between 3 September and 5 September 2025 (£1 = US$1.34319). Accordingly, the amount of sterling dividend payable in cash on 19 September 2025 will be:

6.1942 pence per share.

Details of the second quarter dividend and timetable are available at bp.com/dividends. For further information on your dividend payment options, visit bp.com/drip.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

BP p.l.c.

(Registrant)

Dated: 09 September 2025

/s/ Ben J. S. Mathews

------------------------

Ben J. S. Mathews

Company Secretary

FAQ

What dividend did BP (BP) announce for Q2 2025?

BP announced an interim dividend of US$0.0832 per ordinary share (US$0.4992 per ADS).

When is the BP Q2 2025 dividend payable and what is the record date?

The dividend is payable in cash on 19 September 2025 to shareholders on the register as of 15 August 2025.

What sterling amount will BP ordinary shareholders receive for the Q2 2025 dividend?

Sterling cash payable is 6.1942 pence per share, using an average exchange rate of £1 = US$1.34319 for 3-5 Sept 2025.

Is a scrip dividend available for BP's Q2 2025 dividend?

No. The board has decided not to offer a scrip dividend alternative for the second quarter 2025 dividend.

Can BP shareholders reinvest the Q2 2025 dividend into additional shares?

Yes. Dividend reinvestment plans (DRIP) are available for ordinary shareholders and ADS holders, subject to certain exceptions; details at bp.com/drip.