The HSBC July 2016 Dividend

Today HSBC pays out to its shareholders 7.5421p.

What is the cost of this to HSBC to meet its July shareholder dividend payment ?

The share capital of HSBC is 19,812,661,988 shares.

http://www.hsbc.com/~/media/hsbc-com/investorrelationsassets/stockexchangeannouncements/2016/june/sea-160630-total-voting-rights-rns-announcement.pdf

Thus:-

19,812,661,988 x £0.07421 = £1,470,297,646

That is £1,470 Million = £1.47 Billion cash leaving HSBC today to its shareholders.

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