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HSBC Scrip Dividend - Exchange Rate

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idpickering
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HSBC Scrip Dividend - Exchange Rate

#231722

Postby idpickering » June 24th, 2019, 1:59 pm

On 3 May 2019, the Directors of HSBC Holdings plc declared the first interim dividend for 2019 of US$0.10 per ordinary share. The dividend is payable on 5 July 2019 to holders of record on 17 May 2019 on the Principal Register in the United Kingdom or the Hong Kong Overseas Branch Register or the Bermuda Overseas Branch Register. The dividend is payable in cash in United States dollars, sterling or Hong Kong dollars, or a combination of these currencies, and with a scrip dividend alternative.

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 24 June 2019 (US$1=HK$7.812757 and £1=US$1.276039). Accordingly, the cash dividend payable on 5 July 2019 will be:


approximately £0.078368 per share.

https://www.investegate.co.uk/hsbc-hold ... 20042211D/

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