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HSBC HOLDINGS PLC - THIRD INTERIM DIVIDEND FOR 2010
Hamilton, Bermuda – 24 November, 2010 - HSBC Holdings plc (the “Company”; Ticker: HSBC.BH) announces the details of the Company’s Third Interim Dividend.
On 1 November, 2010, the Directors of HSBC Holdings plc declared a third interim dividend for 2010 of US$0.08 per ordinary share payable on 12 January, 2011 to holders of record on 18 November, 2010 on the Hong Kong Overseas Branch Register and 19 November, 2010 on the Principal Register in the 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$10.4577 for each new share
The "Market Value" is the United States dollar equivalent of £6.5644 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 November, 2010.
Dividends payable in cash in sterling or Hong Kong dollars on 12 January 2011 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 4 January, 2011. 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 1 December, 2010, and elections must be received by the Registrars by 29 December, 2010.
Media enquiries:
Brendan McNamara – Tel: +44 (0)20 7991 0655 or brendan.mcnamara@hsbc.com