HSBC Holdings PLC Announces Cash Dividend: What You Need to Know

HSBC HK SDR5TO1 Cash Dividend Information

HSBC Holdings PLC has announced a cash dividend of USD0.36, with payment to be made in the default currency of Hong Kong Dollars equivalent of HKD2.791007. This news is likely to have a positive impact on the share price of HSBC HK SDR5TO1.
Key Points:
Ex-Date: 6 March 2025
Record Date: 7 March 2025
Payment Date: 25 April 2025 (previously stated as 30 April 2025, but corrected to 25 April 2025)
Book Closure Period: 04 March 2025 to 07 March 2025
Gross Dividend Rate: HKD0.55820
Withholding Tax: HKD0.00000
Corporate Action Fee: HKD0.00558 @1%
Net Dividend Rate: HKD0.55262
Exchange Rate: 5.89084
Final Dividend Rate: SGD0.09381
Important Information for Shareholders:
The SDR Issuer will receive the distribution in the default payment currency of Hong Kong Dollars and convert it into Singapore Dollars at the prevailing foreign exchange rate.
The final net dividend rate for each SDR in Singapore Dollars will be SGD0.09381.
The underlying shares to SDR ratio is 1:5.
What This Means for Investors:
The announcement of a cash dividend by HSBC Holdings PLC is a positive development for shareholders. The dividend payment will provide a regular income stream for investors and may lead to an increase in the share price. However, investors should note that the dividend rate is subject to change and may be affected by various factors, including the company’s financial performance and market conditions.
Investor Takeaways:
The cash dividend announcement may lead to increased demand for HSBC HK SDR5TO1 shares, potentially driving up the share price.
Investors should ensure they are aware of the ex-date, record date, and payment date to ensure they receive the dividend payment.
The dividend rate and exchange rate used to convert the dividend payment to Singapore Dollars may affect the overall return on investment.
Disclaimer:
The information provided in this article is for general information purposes only and should not be considered as investment advice. Investors should do their own research and consult with a financial advisor before making any investment decisions. The accuracy and completeness of the information cannot be guaranteed, and the author disclaims any liability for any losses or damages arising from the use of this information.

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