HSBC Holdings PLC (NYSE:hsbc) declared a quarterly dividend on Monday, October 3rd. Stockholders of record on Friday, October 21st will be paid a dividend of 0.50 per share on Tuesday, December 6th. This represents a $2.00 annualized dividend and a dividend yield of 5.35%. The ex-dividend date is Wednesday, October 19th.

HSBC Holdings PLC (NYSE:HSBC) opened at 37.39 on Friday. The stock has a 50 day moving average of $37.58 and a 200 day moving average of $33.57. The firm has a market capitalization of $133.40 billion, a price-to-earnings ratio of 15.48 and a beta of 1.17. HSBC Holdings PLC has a one year low of $28.62 and a one year high of $40.74.

Dividend History for HSBC Holdings PLC (NYSE:hsbc)

A number of large investors have recently added to or reduced their stakes in HSBC. FMR LLC increased its stake in HSBC Holdings PLC by 7.4% in the second quarter. FMR LLC now owns 7,040,122 shares of the company’s stock worth $220,426,000 after buying an additional 487,099 shares during the last quarter. Franklin Resources Inc. increased its stake in HSBC Holdings PLC by 18.1% in the second quarter. Franklin Resources Inc. now owns 1,660,654 shares of the company’s stock worth $51,994,000 after buying an additional 254,085 shares during the last quarter. OLD Mission Capital LLC bought a new stake in HSBC Holdings PLC during the second quarter worth about $1,658,000. Stevens Capital Management LP bought a new stake in HSBC Holdings PLC during the second quarter worth about $504,000. Finally, Guardian Capital Advisors LP increased its stake in HSBC Holdings PLC by 8.1% in the second quarter. Guardian Capital Advisors LP now owns 163,702 shares of the company’s stock worth $4,893,000 after buying an additional 12,306 shares during the last quarter. Hedge funds and other institutional investors own 2.39% of the company’s stock.

A number of equities analysts have issued reports on HSBC shares. Deutsche Bank AG restated a “hold” rating on shares of HSBC Holdings PLC in a research report on Friday, July 22nd. BNP Paribas upgraded shares of HSBC Holdings PLC from an “underperform” rating to a “neutral” rating in a research report on Monday, June 27th. Beaufort Securities restated a “buy” rating on shares of HSBC Holdings PLC in a research report on Tuesday, July 5th. JPMorgan Chase & Co. upgraded shares of HSBC Holdings PLC from an “underweight” rating to a “neutral” rating in a research report on Monday, June 27th. Finally, Societe Generale restated a “buy” rating on shares of HSBC Holdings PLC in a research report on Monday, June 20th. Five equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $36.48.

About HSBC Holdings PLC

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).

5 Day Chart for NYSE:HSBC

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