HSBC Holdings PLC Third Interim Dividend for 2019 (4969O)
October 02 2019 - 5:00AM
UK Regulatory
TIDMHSBA
RNS Number : 4969O
HSBC Holdings PLC
02 October 2019
2 October 2019
HSBC HOLDINGS PLC
THIRD INTERIM DIVIDEND FOR 2019
On 2 October 2019, the Directors declared a third interim
dividend in respect of 2019 of $0.10 per ordinary share. The
ordinary shares in London, Hong Kong, Paris and Bermuda, and the
American Depositary Shares ('ADSs') in New York, will be quoted
ex-dividend on 10 October 2019. The dividend will be payable on 20
November 2019 to holders of record on 11 October 2019.
The dividend will be payable in US dollars, sterling or Hong
Kong dollars, or a combination of these currencies, at the forward
exchange rates quoted by HSBC Bank plc in London at or about
11.00am on 11 November 2019. A scrip dividend will also be offered.
Particulars of these arrangements will be sent to shareholders on
or about 23 October 2019 and elections must be received by 7
November 2019.
The dividend will be payable on ordinary shares held through
Euroclear France, the settlement and central depositary system for
Euronext Paris, on 20 November 2019 to the holders of record on 11
October 2019. The dividend will be payable in US dollars or as a
scrip dividend. Particulars of these arrangements will be announced
through Euronext Paris on 3 October 2019, 18 October 2019 and 21
November 2019.
The dividend will be payable on ADSs, each of which represents
five ordinary shares, on 20 November 2019 to holders of record on
11 October 2019. The dividend of $0.50 per ADS will be payable by
the depositary in US dollars or as a scrip dividend of new ADSs.
Particulars of these arrangements will be sent to holders on or
about 23 October 2019 and elections will be required to be made by
1 November 2019. Alternatively, the cash dividend may be invested
in additional ADSs by participants in the dividend reinvestment
plan operated by the depositary.
Any person who has acquired ordinary shares registered on the
Principal Register in the UK, the Hong Kong Overseas Branch
Register or the Bermuda Overseas Branch Register but who has not
lodged the share transfer with the Principal Registrar, the Hong
Kong or Bermuda Branch Registrar should do so before 4.00pm local
time on 11 October 2019 in order to receive the dividend.
Ordinary shares may not be removed from or transferred to the
Principal Register in the UK, the Hong Kong Overseas Branch
Register or the Bermuda Overseas Branch Register on 11 October
2019. Any person wishing to remove ordinary shares to or from each
register must do so before 4.00pm local time on 10 October
2019.
Transfers of ADSs must be lodged with the depositary by 11.00am
local time on 11 October 2019 in order to receive the dividend.
ADS dividend fee
In order to cover costs associated with the management of the
American Depositary Receipt programme, which was previously covered
by fees generated from issuance and cancellation, a dividend fee
will be introduced on cash dividends paid on ADSs, in line with
common market practice. ADS holders who receive a cash dividend
will be charged a fee, which will be deducted by the depositary, of
$0.005 per ADS per cash dividend. This will commence from the 2019
third interim cash dividend payment payable on 20 November
2019.
Dividend on preference shares
A quarterly dividend of $15.50 per 6.20% non-cumulative US
dollar preference share, Series A ('Series A dollar preference
share'), (equivalent to a dividend of $0.3875 per Series A American
Depositary Share, each of which represents one-fortieth of a Series
A dollar preference share), and GBP0.01 per Series A sterling
preference share is payable on 15 March, 15 June, 15 September and
15 December 2019 for the quarter then ended at the sole and
absolute discretion of the Board of HSBC Holdings plc. Accordingly,
the Board of HSBC Holdings plc has declared a quarterly dividend be
payable on 16 December 2019 to holders of record on 29 November
2019.
For and on behalf of
HSBC Holdings plc
Richard Gray
Group Company Secretary
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DIVUGGAAUUPBURP
(END) Dow Jones Newswires
October 02, 2019 05:00 ET (09:00 GMT)
Hsbc (LSE:HSBA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Hsbc (LSE:HSBA)
Historical Stock Chart
From Apr 2023 to Apr 2024