HSBC Holdings plc Announces Dividend of GBX 0.10 (HSBA)
HSBC Holdings plc (LON:HSBA) declared a dividend on Monday, October 3rd. Investors of record on Thursday, October 20th will be given a dividend of GBX 0.10 ($0.00) per share on Tuesday, December 6th. This represents a yield of 1.32%. The ex-dividend date is Thursday, October 20th. The official announcement can be accessed at this link.
HSBC Holdings plc (LON:HSBA) opened at 587.60 on Tuesday. The company has a 50-day moving average price of GBX 564.18 and a 200-day moving average price of GBX 484.05. The firm’s market cap is GBX 104.82 billion. HSBC Holdings plc has a 12-month low of GBX 392.37 and a 12-month high of GBX 594.50.
In other HSBC Holdings plc news, insider Evans,Lord purchased 1,754 shares of the firm’s stock in a transaction that occurred on Wednesday, August 31st. The stock was purchased at an average cost of GBX 566 ($7.39) per share, with a total value of £9,927.64 ($12,958.67).
HSBA has been the subject of a number of research reports. Morgan Stanley set a GBX 415 ($5.42) price target on shares of HSBC Holdings plc and gave the company a “sell” rating in a research report on Wednesday, June 8th. Shore Capital reiterated a “hold” rating on shares of HSBC Holdings plc in a research report on Thursday, June 9th. Bankhaus Lampe set a GBX 600 ($7.83) price target on shares of HSBC Holdings plc and gave the company a “buy” rating in a research report on Monday, June 13th. Goldman Sachs Group Inc. reduced their price target on shares of HSBC Holdings plc from GBX 595 ($7.77) to GBX 580 ($7.57) and set a “neutral” rating for the company in a research report on Wednesday, June 15th. Finally, Deutsche Bank AG reiterated a “hold” rating and set a GBX 441 ($5.76) price target on shares of HSBC Holdings plc in a research report on Thursday, June 16th. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 513.18 ($6.70).
HSBC Holdings plc Company Profile
HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through approximately four businesses, such as Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB).
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