HSBC Holdings plc has announced a cash dividend for its Hong Kong SDR 5TO1, with an underlying share-to-SDR ratio of 1:5. Key details for investors include:
- Ex-Date: November 7, 2024
- Record Date: November 8, 2024
- Payment Date: December 24, 2024 (SDR), December 19, 2024 (Underlying Share)
- Gross Dividend Rate: USD 0.02 per SDR
- Net Dividend Rate: USD 0.0198 after a corporate action fee of USD 0.0002 at 1%
- Exchange Rate: To be determined; final distribution in SGD will be announced by the Depository upon conversion
Investor Action:
Investors should ensure holdings are in place by the record date and take note of the final distribution amount in SGD, which will be published at a later date.
