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HSBC Holdings PLC Scrip Dividend - Exchange Rate

Posted: November 12th, 2018, 12:38 pm
by IanTHughes
The details can be found here:

https://www.investegate.co.uk/hsbc-hold ... LC%20Alert

Dividends payable in cash in Hong Kong dollars or sterling were converted from United States dollars at the forward exchange rates quoted by HSBC Bank plc in London at or about 11.00 am on 12 November 2018 (US$1=HK$7.829055 and £1=US$1.285340). Accordingly, the cash dividend payable on 21 November 2018 will be:
US$0.10 per share;
approximately HK$0.782906 per share; or
approximately £0.077800 per share.


Ian