BP today paid out its quarterly dividend, Fri 23rd June 2017
the first quarter 2017 would be US$0.10 per ordinary share = 7.7563 pence per share.
What is the cost of this dividend to BP PLC ?
The total number of voting rights in BP p.l.c. is 19,684,630,913
19,684,630,913 x 7.7563 pence per share = £1,526,799,027.51
That is £1.526 Billion = £1.526 Billion
A yield of 6.9%. Delicious.