HSBC USA Inc. Declares Dividends For Holders Of Preferred Stock

HSBC USA Inc. announced today that its board of directors declared the regular quarterly cash dividend on the company’s preferred stock as follows, each such dividend payable on October 1, 2012 to stockholders of record on September 14, 2012:
     

Series

Dividend
6.50% Non-Cumulative Preferred Stock, Series H $16.25 per share (equivalent to 40.625 cents per Depositary Share)
Floating Rate Non-Cumulative Preferred Stock, Series G $10.11112 (equivalent to 0.252778 cents per Depositary Share)
Floating Rate Non-Cumulative Preferred Stock, Series F $0.221181 (22.1181 cents) per share
Adjustable Rate Cumulative Preferred Stock, Series D $1.125 per share (equivalent to 28.125 cents per Depositary Share)
$2.8575 Cumulative Preferred Stock $0.714375 (71.4375 cents) per share
 

About HSBC USA Inc.

HSBC USA Inc. and its subsidiaries including HSBC Bank USA, N.A. (collectively, HUSI) offer a full range of traditional banking products and services to individuals, including high net worth individuals, small businesses, corporations, institutions and governments.

Copyright Business Wire 2010

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