HSBC Holdings plc (LON:HSBA) to Issue $0.10 Dividend

HSBC Holdings plc (LON:HSBAGet Free Report) declared a dividend on Tuesday, October 29th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 7th will be paid a dividend of $0.10 per share by the financial services provider on Thursday, December 19th. This represents a yield of 1.11%. The ex-dividend date is Thursday, November 7th. The official announcement can be seen at this link.

HSBC Stock Performance

Shares of HSBC stock opened at GBX 709.90 ($9.21) on Wednesday. The stock has a market capitalization of £129.13 billion, a PE ratio of 801.91, a price-to-earnings-growth ratio of 5.97 and a beta of 0.52. HSBC has a 52-week low of GBX 572.90 ($7.43) and a 52-week high of GBX 729.20 ($9.46). The company has a 50-day simple moving average of GBX 669.31 and a two-hundred day simple moving average of GBX 673.40.

Wall Street Analyst Weigh In

HSBA has been the subject of a number of research analyst reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 870 ($11.28) price target on shares of HSBC in a research note on Wednesday, August 21st. Citigroup reiterated a “buy” rating on shares of HSBC in a research note on Monday, September 2nd. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 795 ($10.31).

Read Our Latest Analysis on HSBC

HSBC Company Profile

(Get Free Report)

HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and private wealth solutions.

See Also

Dividend History for HSBC (LON:HSBA)

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