Oil spill or not BP paying out US$2.63bil in dividends


NEW YORK: BP PLC will pay shareholders US$2.63 billion in dividends on June 21 as investors and U.S. lawmakers wait to see what the oil company decides about future payouts.

The company announced the dividend on April 27, one week after a BP well in the Gulf of Mexico exploded and set off the largest oil spill in U.S. history.

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