Today, “the world’s local bank” pays its September dividend to shareholders.
$0.09 or 7.8821p a share
The total number of voting rights in HSBC Holdings plc is 19,968,039,011
19,968,039,011 x £0.078821 = £1,573,900,802.886031
That is £1573 Million = £1.573 Billion paid to shareholders
Another month, guess what, take a lucky guess, it is the same old story, HM Government, spends more money than it receives via taxes and duties.
Now we are in a post Covid 19 world. UK’s HM Government needs to fund many new demands. [www.dmo.gov.uk]
Another deficit month, thus to bridge the gap, needs to borrow on the bond market In August 2022, the HM Government had to borrow money to meet the difference between tax revenues and public sector expenditure. The term for this is The PSNCR: The Public Sector Net Cash Requirement. There were only 4 auctions of Gilts (UK Government Bonds) by the UK Debt Management Office to raise cash for HM Treasury:-
23-Aug-2022 0 1/8% Index-linked Treasury Gilt 2039 3 months £750.0000 Million
16-Aug-2022 0½% Treasury Gilt 2029 £2,803.5000 Million
09-Aug-2022 1¼% Treasury Gilt 2051 £1,760.0000 Million
02-Aug-2022 1% Treasury Gilt 2032 £2,771.8750 Million
£750.0000 Million + £2,803.5000 Million + £1,760.0000 Million + £2,771.8750 Million = £8,085.375 Million
£8,085.375 Million = £8.085375 Billion
On another way of looking at it, is in the 31 days in August 2022, HM Government borrowed:- £260.81854838709677419354838709677 Million each day for the 31 days.
We are fortunate, while the global banking and financial markets still has the confidence in HM Government to buy the Gilts (Lend money to the UK), the budget deficit keeps rising. What is also alarming, is the dates these bond maturing from 2029 to 2051. All long term borrowings, we are mortgaging our futures, but at least “We Are In It Together……”
Tomorrow, the UK’s largest asset manager pays out its September 2022 dividend.
5.44p a share
the total number of voting rights in the Company is 5,972,835,503
5,972,835,503 x £0.0544 = £324,922,251.3632
That is £324.922 Million, paid to shareholders
Today, the UK Oil Super Major, BP pays out its quarterly dividend.
$0.06006 (5.1684p) a share.
The total number of voting rights in BP p.l.c. is 18,833,075,214
18,833,075,214 x £0.051684 = £973,368,659.360376
That is £973 Million. Paid to shareholders
Yesterday Shell PLC paid out its September, quarterly dividend.
$0.25 (21.57p) a share
Due to the funeral of Her Majesty The Queen, the dividend that was to paid on Monday 19th, as a mark of respect, the dividend is now being paid on Tue 20th Sept.
Shell plc’s capital as at August 31, 2022, consists of 7,269,806,620 ordinary shares
7,269,806,620 x £0.2157 = £1,568,097,287.934
That is £1,568 Million = £1.568 Billion paid to shareholders
AstraZeneca the company that manufactured the University of Oxford Covid-19 Vaccination, the low cost vaccination, a few days ago, Astrazeneca paid put to its shareholders its September dividend, on the 12th September
76.4p a share.
The total number of voting rights in AstraZeneca PLC is 1,549,489,389
1,549,489,389 x £0.764 = £1,183,809,893.196
That is £1.183 million = £1.183 Billion of cash paid to shareholders.
Lloyds Banking Group September 2022 Dividend.
Yesterday, the 12th of September, The Lloyds Banking Group paid put to its shareholders its September dividend.
0.8p a share.
total number of shares issued by Lloyds Banking Group plc with rights to vote which are exercisable in all circumstances at general meetings is 68,479,354,394 ordinary shares of 10p each.
68,479,354,394 x £0.008 = £547,834,835.152
That is £547 million of cash paid to shareholders.
On the 12th Sept, tomorrow the FTSE-100 Telecoms giant giant, British Telecommunications PLC paid out a dividend.
The UK’s premier telecoms group, connecting for good pays out to shareholders:-
5.39p a share.
total voting rights figure will be 9,928,600,993
9,928,600,993 x £0.0539 = £535,151,593.5227
That is £535.151 Million paid to shareholders of BT plc.
A year ago £1 bought you US$1.3765 dollars
Today, £1 only buys you US$1.148
The decline in the value of the Pound to the US Dollar has been dramatic
On the 1st Sept, a two days ago the FTSE-100 food and consumer goods giant, Unilever paid out a dividend.
36.33p a share.
total voting rights figure will be 2,545,323,788
2,545,323,788 x £0.3633 = £924,716,132.1804
That is £924.716 Million paid to shareholders.