First Interim Dividend 2009 -

RNS Number : 9391S

HSBC Holdings PLC

28 May 2009

 



28 May 2009

HSBC HOLDINGS PLC

FIRST INTERIM DIVIDEND FOR 2009

SCRIP DIVIDEND ALTERNATIVE

On 5 May 2009, the Directors of HSBC Holdings plc declared a first interim dividend for 2009 of US$0.08 per ordinary share payable on 8 July 2009 to shareholders on the Register on 22 May 2009. 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$8.7461 for each new share

The "Market Value" is the United States dollar equivalent of £5.4595 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 20 May.

Dividends payable in cash in sterling or Hong Kong dollars on 8 July 2009 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 29 June 2009. 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 3 June 2009, and elections must be received by the Registrars by 24 June 2009.

R G Barber

Group Company Secretary

HSBC Holdings plc

Media enquiries to Brendan McNamara on [phone].

Note to Editors:

HSBC Holdings plc 

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 9,500 offices in 86 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$2,527 billion at 31 December 2008, HSBC is one of the world's largest banking and financial services organisations. HSBC is marketed worldwide as 'the world's local bank'.

 

END

 

 

DIVIIFFAETITFIA