Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
PHILLIP SECURITIES PTE LTD
Security
HSBC HK SDR 5TO1 - SGXE38349465 - HSHD

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
19-Feb-2025 18:06:04
Status
New
Corporate Action Reference
SG250219DVCAVD2G
Submitted By (Co./ Ind. Name)
Lee Hui Xian
Designation
Manager
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Final
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.072

Event Narrative

Narrative Type
Narrative Text
Additional TextPlease be advised that HSBC Holdings PLC has announced a cash dividend of US Dollars 0.36, the default payment currency is in Hong Kong Dollars and the Hong Kong Dollars equivalent will be announced in due course. The announcement is published on the website of the Stock Exchange of Hong Kong.
Additional TextBased on the Underlying Shares to SDR ratio of 1 for 5, the final net dividend rate for each SDR will be USD 0.07128.
Additional TextThe SDR Issuer will receive the distribution in the default payment currency of Hong Kong Dollars and in accordance with the terms and conditions of the SDR, converts it into Singapore Dollars at the prevailing foreign exchange rate. The Issuer will announce the final distribution amount in Singapore dollars in due course.

Event Dates

Record Date
07/03/2025
Ex Date
06/03/2025

Dividend Details

Payment Type
Tax Not Applicable
Gross Rate (Per Share)
USD 0.07128
Net Rate (Per Share)
USD 0.07128
Pay Date
30/04/2025
Gross Rate Status
Indicative Rate

Attachments

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