FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Report of Foreign Private Issuer
Pursuant to Rule 13a - 16 or 15d - 16 of
the Securities Exchange Act of 1934
 
For the month of March
HSBC Holdings plc
42nd Floor, 8 Canada Square, London E14 5HQ, England
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F).
Form 20-F X Form 40-F ......
(Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934).
Yes....... No X
(If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ..............).
 
  
 
2 March 2017
 
 
HSBC HOLDINGS PLC
FOURTH INTERIM DIVIDEND FOR 2016
SCRIP DIVIDEND ALTERNATIVE
 
 
On 21 February 2017, the Directors of HSBC Holdings plc declared a fourth interim dividend for 2016 of US$0.21 per ordinary share. The fourth interim dividend will be payable on 6 April 2017 to holders of record on 24 February 2017 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, with a scrip dividend alternative.
 
The 'Market Value' for the issue of new shares under the scrip dividend alternative is:
 
US$8.0636 for each new share
 
The 'Market Value' is the United States dollar equivalent of £6.5160 being the average of the middle market quotations for the ordinary shares on the London Stock Exchange as derived from the Daily Official List for the five business days beginning on 23 February 2017.
 
Dividends payable in cash in sterling or Hong Kong dollars on 6 April 2017 will be converted from United States dollars at the forward exchange rates quoted by HSBC Bank plc in London at or about 11.00am on 27 March 2017. These exchange rates will be announced to the London, Hong Kong, New York, Paris and Bermuda stock exchanges.
 
Particulars of the dividend arrangements will be sent to shareholders on or about 8 March 2017 and elections must be received by the Registrar by 23 March 2017.
 
For and on behalf of
HSBC Holdings plc
 
Ben J S Mathews
Group Company Secretary
 
 
 
 
Note to editors:
 
HSBC Holdings plc
 
HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 4,000 offices in 70 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa. With assets of US$2,375bn at 31 December 2016, HSBC is one of the world's largest banking and financial services organisations.
 
ends/all
 
 
 
 
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
HSBC Holdings plc
 
 
 
By:
 
Name: Ben J S Mathews
 
Title: Group Company Secretary
 
 
 
Date: 02 March 2017