This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.
HSBC Declares Fourth Interim Dividend For 2009
Hamilton, Bermuda – 24 March, 2010 - HSBC Holdings Limited (the “Company”; Ticker: HSBC.BH) has informed the Bermuda Stock Exchange (BSX) that on 1 March, 2010, the Directors of the Company declared a fourth interim dividend for 2009 of US$0.10 per ordinary share payable on 5 May, 2010 to holders of record on 18 March, 2010 on the Hong Kong Overseas Branch Register and 19 March 2010 on the Principal Register in United Kingdom 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, with a scrip dividend alternative. The "Market Value" for the issue of new shares under the scrip dividend alternative is:
US$10.2149 for each new share
The "Market Value" is the United States dollar equivalent of £6.8154 being the average of the middle market quotations for the ordinary shares on the London Stock Exchange as derived from the Daily Official List for the five business days beginning on 17 March 2010.
Dividends payable in cash in sterling or Hong Kong dollars on 5 May 2010 will be converted from United States dollars at the forward exchange rates quoted by HSBC Bank plc in London at or about 11.00 am on 26 April 2010. These exchange rates will be announced to the London, Hong Kong, New York, Paris and Bermuda stock exchanges.
Particulars of the dividend arrangements will be mailed to shareholders on or about 30 March 2010, and elections must be received by the Registrars by 22 April 2010.
Media enquiries to Brendan McNamara on +44 (0) 20 7991 0655 or at brendan.mcnamara@hsbc.com