25th Apr 2005 12:35
HSBC Holdings PLC25 April 2005 HSBC HOLDINGS PLC PAYMENT OF DIVIDENDS IN UNITED STATES DOLLARS, STERLING OR HONG KONG DOLLARS On 28 February 2005, the Directors of HSBC Holdings plc declared a fourthinterim dividend for 2004 of US$0.27 per ordinary share. The dividend is payableon 4 May 2005 to shareholders on the Principal Register, the Hong Kong OverseasBranch Register or the Bermuda Overseas Branch Register at close of business on18 March 2005 in cash in United States dollars, sterling or Hong Kong dollars,or a combination of these currencies and with a scrip dividend alternative. In the absence of instructions to the contrary, shareholders on the PrincipalRegister will automatically receive dividends in sterling. However, ifshareholders have an address in the United States they will automaticallyreceive any dividend payable in United States dollars unless they currentlyreceive payment in one of the other currencies or make an election to do so. Inthe absence of instructions to the contrary, shareholders on the Hong KongOverseas Branch Register and the Bermuda Overseas Branch Register willautomatically receive dividends in Hong Kong dollars and United States dollarsrespectively. Dividends payable in cash in sterling or Hong Kong dollars will be convertedfrom United States dollars at the forward exchange rates quoted by HSBC Bank plcin London at 11.00 am on 25 April 2005 (US$1 = HK$7.7936 and £1 = US$1.9126 ).Accordingly, the amount payable on 4 May will be: US$0.27 per share; approximately HK$2.104272 per share; or approximately £0.141169 per share. The dividend payable to holders of American Depositary Shares ('ADSs'), each ofwhich represents five ordinary shares, will be US$1.35 per ADS. The dividendwill be paid on 4 May 2005 in cash in United States dollars or in new shares tothose who have elected to receive the scrip dividend alternative. The cashdividend for participants in the dividend reinvestment plan, operated by thedepositary, will be invested in additional ADSs. N S Black Assistant Secretary HSBC Holdings plc This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
HSBC Holdings