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HSBC Second Interim Dividend Exchange Rate

For discussion of the practicalities of setting up and operating income-portfolios which follow the HYP Group Guidelines. READ Guidelines before posting
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idpickering
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HSBC Second Interim Dividend Exchange Rate

#252207

Postby idpickering » September 16th, 2019, 1:13 pm

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 16 September 2019 (US$1=HK$7.818014 and £1=US$1.244783). Accordingly, the cash dividend payable on 26 September 2019 will be:

approximately £0.080335 per share.


https://www.investegate.co.uk/hsbc-hold ... 45044731M/

Julian
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Re: HSBC Second Interim Dividend Exchange Rate

#252523

Postby Julian » September 18th, 2019, 12:45 pm

Even though I set Investegate alerts for all my holdings for some reason this one never got through so many thanks for this, and for all your other similar posts Ian. They are all welcomed by me but this particular one happened to be particularly helpful in alerting me to an announcement that would have otherwise fallen through the cracks for me.

- Julian

idpickering
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Re: HSBC Second Interim Dividend Exchange Rate

#252527

Postby idpickering » September 18th, 2019, 1:13 pm

Julian wrote:Even though I set Investegate alerts for all my holdings for some reason this one never got through so many thanks for this, and for all your other similar posts Ian. They are all welcomed by me but this particular one happened to be particularly helpful in alerting me to an announcement that would have otherwise fallen through the cracks for me.

- Julian


Thank you very much for your kind comments and support Julian. As for HSBC, I’ve topped up my holdings of these a couple of times recently, but shan’t be doing so again at the moment as I’m at my maximum spend on them. I’m happy to continue holding, for the very long term.

Ian.

kempiejon
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Re: HSBC Second Interim Dividend Exchange Rate

#252534

Postby kempiejon » September 18th, 2019, 2:08 pm

idpickering wrote:Thank you very much for your kind comments and support Julian. As for HSBC, I’ve topped up my holdings of these a couple of times recently, but shan’t be doing so again at the moment as I’m at my maximum spend on them. I’m happy to continue holding, for the very long term.

Ian.


I always laugh at "approximately" £0.080335 per share.
I've held these guys for ages, some outwith the ISA and some within; I sold HSBC outside the ISA back in March and moved the money inside the ISA but I was put off by the static dividend (4 year I think) so haven't rebuilt my holding to the previous level. A good enough hold but I looked elsewhere for a rising income.


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