HSBC 2002 Annual Report Download - page 322

HSBC HOLDINGS PLC
Shareholder Information (continued)
320
Dividends on the ordinary shares of
HSBC Holdings
HSBC Holdings has paid dividends on its ordinary
shares every year without interruption since it
became the HSBC Group holding company by a
scheme of arrangement in 1991. The 75p ordinary
shares and HK$10 ordinary shares were entitled to
equal rights, including the right to a dividend, and all
dividends were declared and paid with respect to
both classes of shares. The dividends declared, per
ordinary share*, for each of the last five years were:
First
Interim
Second
Interim Total
2002 US$.......... 0.205 0.325 0.530
£............... 0.130 0.202 0.332
HK$ ........ 1.600 2.534 4.134
2001 US$.......... 0.190 0.290 0.480
£............... 0.129 0.200 0.329
HK$......... 1.482 2.261 3.743
2000 US$.......... 0.150 0.285 0.435
£............... 0.103 0.191 0.294
HK$......... 1.170 2.223 3.393
1999 US$.......... 0.133 0.207 0.340
£............... 0.081 0.131 0.212
HK$......... 1.033 1.612 2.645
1998 US$.......... 0.123 0.185 0.308
£............... 0.073 0.115 0.188
HK$......... 0.956 1.434 2.390
* The second interim dividend for 2002 of US$0.325 per
share has been translated into pounds sterling and Hong
Kong dollars at the closing rate on 31 December 2002.
The dividend will be paid on 6 May 2003
Dividends paid prior to 2 July 1999 have been
restated to reflect a share capital reorganisation
whereby each 75p ordinary share and HK$10
ordinary share was cancelled and three ordinary
shares of US$0.50 issued in substitution therefor.
Dividends are declared in US dollars and, at the
election of the shareholder, paid in cash in one of, or
in a combination of, US dollars, sterling and Hong
Kong dollars, or satisfied in whole or in part by the
issue of new shares in lieu of a cash dividend.
Memorandum and Articles of
Association
The discussion under the caption ‘Memorandum and
Articles of Association’ contained in HSBC Holdings
Annual Report on Form 20-F for the year ended 31
December 2000 is incorporated by reference herein.