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LONDON - HSBC Holdings (LON:HSBA) PLC has announced the rates for its fourth interim dividend for the financial year ended December 31, 2024. The dividend, set at US$0.36 per ordinary share, will be payable on April 25, 2025, to shareholders on record as of March 7, 2025.
The dividend will be distributed in various currencies, with the option for shareholders to receive the payment in United States dollars, sterling, or Hong Kong dollars. The exchange rates applied for the conversions were determined by HSBC Bank plc in London around 11:00 am on Monday, with US$1 equating to HK$7.752798 and £1 to US$1.317728. Consequently, the dividend per ordinary share will be approximately HK$2.791007 or £0.273198, depending on the chosen currency.
Holders of American Depositary Shares (ADSs), which represent five ordinary shares, are set to receive US$1.80 per ADS on the same payment date, April 25, 2025.
The dividend announcement follows the Directors of HSBC Holdings plc (NYSE:HSBC)’s decision on February 19, 2025, approving this payout. This financial move reflects HSBC’s commitment to delivering shareholder value and comes as part of the regular dividend schedule for the global banking and financial services organization.
Investors and shareholders of HSBC Holdings plc are advised that this information is based on a press release statement and should consider the official dividend rates and payment dates as they make investment decisions related to the company’s stock.
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