Читать книгу The Dividend Investor - Rodney Hobson - Страница 29

These three companies all have international operations including interests in the United States. Two of them, one bank(HSBC) and one oil company, declare their results and set their dividends in US dollars while Barclays retains its Britishness with results and dividends in sterling. The figures given are for the 2010 calendar year.

We can see that they each have a different attitude to how the dividend should be split between the four payments:

 Barclays has decided to make the final dividend more than double the size of each of the three interim dividends.

 HSBC has a higher final dividend than the interim dividends but one that is only 25% greater than each interim.

 Shell makes four equal payments – in this instance changes in the £/$ exchange rate meant that the final dividend was lowest in sterling terms.