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FOURTH INTERIM DIVIDEND FOR 2023
On 21 February 2024, the Directors of HSBC Holdings plc approved a fourth interim dividend in respect of the financial year ending 31 December 2023 of US$0.31 per ordinary share. The dividend is payable on 25 April 2024 to holders of record on 8 March 2024 on the Principal Register in the United Kingdom, the Hong Kong Overseas Branch Register or the Bermuda Overseas Branch Register. The dividend is payable in cash in United States dollars, sterling or Hong Kong dollars, or a combination of these currencies.
Dividends payable in cash in Hong Kong dollars or sterling were converted from United States dollars at the forward exchange rates quoted by HSBC Bank plc in London at or about 11.00 am on 15 April 2024 (US$1=HK$7.826950 and £1=US$1.248559). Accordingly, the cash dividend payable on 25 April 2024 will be:
US$0.31 per share;
approximately HK$2.426355 per share; or
approximately £0.248286 per share.
The Board has approved a first interim dividend of $0.10 per share. In addition, following the completion of the sale of our banking business in Canada, the Board has approved a special dividend of $0.21 per share, payable in June 2024.
Bless 🤡
I believe the Divi is 16.4p so hopefully 20p max..banks are fairly strong at the moment so a bit of a gamble to sell today and buy back after it goes ex Divi. In for the long term so will keep reinvesting the divi’s.
Oil in the ground is exactly that ! It will always be there and in years to come, if it’s viable, a major can extract it without worrying about giving a chunk away to a small partner.
Finding the oil is only the first step unfortunately but the cost of extracting it is another ! The North Sea seems to be a difficult area to get a major to play ball and it has cost me on two past occasions when a small oil company finds a reasonable amount of oil but none of the majors want to play ball. Blamed on politics this time it seems !
Not invested but feel for you guys. Been watching for a long time and nearly invested but have been stung in the past by small oil companies with great finds but can’t raise funds or find a partner. Gl all
I had a BG Japan smaller companies fund which I dumped last year after atrocious results. I have a number of other trusts with the likes of L&G which are ticking along nicely. Sometimes best to cut your loses and move on…
Jim800…Over £5 ? “ a load of historical dividends.” Not sure what site you have been reading ? The Divi only matters to those who are going to receive it. You have done well with your sell and rebuy without the Divi. Be happy 😁
Every share has its peaks and troughs but reinvesting the divi every year makes a huge difference over the long term. It doesn’t take much to spook the markets at the moment but as AASea says you will either be purchasing a bargain in May or hopefully the markets will have settled and the sp recovered somewhat. You are compounding earnings. One of the most significant advantages of dividend reinvestment is that it allows you to buy more shares and build wealth over time. I am fortunate in that my entire holding is in an Isa and no worries about paying tax on the substantial Divi but everyone is different and some have been lucky if they sold before the Divi and repurchased now. All about the timing.. gl all
The extra capital will give Sym a bit of breathing space. The fact that they have been able to raise funds at a premium is a good sign. Always jam tomorrow and quite a ways to go before break even for moi ! Onwards and upwards, hopefully..
“MXC is a prominent European pharmaceutical company……” nearly fell of my seat.