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 April 1, 2013 to stockholders of record on March 15, 2013:
       

Series

Dividend

6.50% Non-Cumulative PreferredStock, Series H

$16.25 per share (equivalent to 40.625 centsper Depositary Share)

 
 

Floating Rate Non-CumulativePreferred Stock, Series G

$9.88888 per share (equivalent to $0.247222

per Depositary Share)
 

Floating Rate Non-CumulativePreferred Stock, Series F
$0.216319 (21.6319 cents) per share
 

Adjustable Rate Cumulative PreferredStock, 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

If you liked this article you might like

Three Activist Hedge Funds to Watch

Three Activist Hedge Funds to Watch

Betting on Brooklyn: One Major Retail Landlord's Survival Plan

Betting on Brooklyn: One Major Retail Landlord's Survival Plan

Tax Reform Will Be Especially Sweet for Luxury Retailers

Tax Reform Will Be Especially Sweet for Luxury Retailers

Walmart Might Have a Mind-Blowing 2018

Walmart Might Have a Mind-Blowing 2018

Insurgent Litt Challenges Saks Owner's 'White Squire'

Insurgent Litt Challenges Saks Owner's 'White Squire'