HSBC Holdings plc (LON:HSBA) announced a dividend on Tuesday, October 3rd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 12th will be paid a dividend of $0.10 per share by the financial services provider on Wednesday, November 22nd. This represents a yield of 1.01%. The ex-dividend date of this dividend is Thursday, October 12th. The official announcement can be seen at this link.

Shares of HSBC Holdings plc (LON HSBA) traded down 0.65% during mid-day trading on Wednesday, reaching GBX 758.40. 19,478,364 shares of the company’s stock traded hands. The stock has a 50-day moving average price of GBX 736.68 and a 200 day moving average price of GBX 704.31. HSBC Holdings plc has a 12-month low of GBX 518.17 and a 12-month high of GBX 772.00. The firm’s market capitalization is GBX 153.72 billion.

In other news, insider Jonathan Symonds bought 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The stock was bought at an average price of GBX 766 ($10.07) per share, with a total value of £76,600 ($100,709.97). Also, insider Douglas J. Flint bought 58 shares of the firm’s stock in a transaction that occurred on Wednesday, September 20th. The shares were purchased at an average cost of GBX 724 ($9.52) per share, with a total value of £419.92 ($552.09). Insiders bought a total of 27,202 shares of company stock valued at $20,337,321 in the last ninety days.

Several equities research analysts have issued reports on HSBA shares. Morgan Stanley set a GBX 850 ($11.18) price objective on shares of HSBC Holdings plc and gave the company a “buy” rating in a research report on Monday, July 17th. Citigroup Inc. reissued a “buy” rating and issued a GBX 725 ($9.53) price objective on shares of HSBC Holdings plc in a research report on Friday, June 16th. Jefferies Group LLC started coverage on shares of HSBC Holdings plc in a research report on Monday, September 4th. They issued a “buy” rating and a GBX 920 ($12.10) price objective for the company. BNP Paribas set a GBX 825 ($10.85) price objective on shares of HSBC Holdings plc and gave the company a “buy” rating in a research report on Thursday, October 5th. Finally, Barclays PLC boosted their price objective on shares of HSBC Holdings plc from GBX 650 ($8.55) to GBX 700 ($9.20) and gave the company an “equal weight” rating in a research report on Tuesday, August 1st. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 712.15 ($9.36).

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HSBC Holdings plc Company Profile

HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America.

Dividend History for HSBC Holdings plc (LON:HSBA)

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