Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Dividend - Scrip Alternative

24th Aug 2005 10:05

HSBC Holdings PLC24 August 2005 HSBC HOLDINGS PLC SECOND INTERIM DIVIDEND FOR 2005 SCRIP DIVIDEND ALTERNATIVE On 1 August 2005, the Directors of HSBC Holdings plc declared a second interimdividend for 2005 of US$0.14 per ordinary share payable on 5 October 2005 toshareholders on the Register on 19 August 2005. The dividend is payable in cashin United States dollars, sterling or Hong Kong dollars, or a combination ofthese currencies, with a scrip dividend alternative. The "Market Value" for theissue of new shares under the scrip dividend alternative is: US$16.2305 for each new share The "Market Value" is the United States dollar equivalent of £9.032, being theaverage of the middle market quotations for the ordinary shares on the LondonStock Exchange as derived from the Daily Official List for the five businessdays beginning on 17 August 2005 (the day on which the shares were first quotedex-dividend). Dividends payable in cash in sterling or Hong Kong dollars on 5 October 2005will be converted from United States dollars at the forward exchange ratesquoted by HSBC Bank plc in London at or about 11.00 am on 26 September 2005.These exchange rates will be announced to the London, Hong Kong, New York, Parisand Bermuda stock exchanges. Particulars of the dividend arrangements will be mailed to shareholders on orabout 31 August 2005, and elections must be received by the Registrars by 21September 2005. N S Black Assistant Secretary HSBC Holdings plc 24 August 2005 This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

HSBC Holdings
FTSE 100 Latest
Value8,820.94
Change29.14