HBOS pays £128m in dividends to UK shareholders

The UK economy will today (Monday 8th October) enjoy a £128.4 million boost as 2.1 million HBOS private shareholders receive their interim dividends.

As announced in its interim results on 1st August, HBOS is paying shareholders an interim dividend of 16.6p per share for the half-year to the end of June 2007, an increase of 23% over the previous year's interim dividend.

The average private shareholder will receive an interim dividend payment of £62.

Commenting, Company Secretary Harry Baines said: "Our 2.1 million shareholders have again benefited from increased profits and dividends."