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

HSBC Holdings plc (LON HSBA) traded down 0.69% during mid-day trading on Wednesday, hitting GBX 758.10. The stock had a trading volume of 13,906,551 shares. The company’s market cap is GBX 153.66 billion. HSBC Holdings plc has a 1-year low of GBX 518.17 and a 1-year high of GBX 772.00. The company has a 50-day moving average price of GBX 736.68 and a 200 day moving average price of GBX 704.31.

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In other news, insider Marc Moses acquired 17,083 shares of the stock in a transaction dated Monday, August 14th. The shares were bought at an average cost of GBX 737 ($9.69) per share, for a total transaction of £125,901.71 ($165,529.46). Also, insider Douglas J. Flint acquired 58 shares of the stock in a transaction dated Wednesday, September 20th. The shares were purchased at an average price of GBX 724 ($9.52) per share, for a total transaction of £419.92 ($552.09). Insiders have bought a total of 27,202 shares of company stock worth $20,337,321 over the last 90 days.

Several equities research analysts recently commented 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 Thursday, October 5th. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 737 ($9.69) price objective on shares of HSBC Holdings plc in a research report on Tuesday, September 26th. Citigroup Inc. reaffirmed a “buy” rating and issued a GBX 850 ($11.18) price objective on shares of HSBC Holdings plc in a research report on Tuesday, August 22nd. 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 on the stock. Finally, Goldman Sachs Group, Inc. (The) set a GBX 845 ($11.11) price objective on shares of HSBC Holdings plc and gave the company a “neutral” rating in a research report on Monday. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 712.15 ($9.36).

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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