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HSBC Holdings plc (NYSE:HSBC) Announces $0.50 Quarterly Dividend
['Patrick Bannon']
Daily Political
HSBC Holdings plc (NYSE:HSBC – Get Free Report) announced a quarterly dividend on Tuesday, August 4th.
Shareholders of record on Friday, August 14th will be paid a dividend of 0.50 per share by the financial services provider on Friday, September 25th.
HSBC has a dividend payout ratio of 28.7% meaning its dividend is sufficiently covered by earnings.
The financial services provider reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.24 by $0.01.
About HSBC(Get Free Report)HSBC Holdings plc (NYSE: HSBC) is a multinational banking and financial services organization headquartered in London.