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, 2014 to stockholders of record on September 15, 2014.
           

Series

New Symbol

Dividend

6.50% Non-CumulativePreferred Stock, Series H
HUSI PR H

$16.25 per share (equivalent to40.625 cents per DepositaryShare)
 

Floating Rate Non-CumulativePreferred Stock, Series G
HUSI PR G

$10.22224 per share(equivalent to 25.5556 centsper Depositary Share)
 

Floating Rate Non-CumulativePreferred Stock, Series F
HUSI PRF

$0.223612 (22.3612 cents) pershare
 

Adjustable Rate CumulativePreferred Stock, Series D
HUSI PR D

$1.125 per share (equivalent to28.125 cents per DepositaryShare)
 

$2.8575 Cumulative PreferredStock
HUSI PR Z

$0.714375 (71.4375 cents) pershare
 

Notes to editors:

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

Europe Weakens, Wall Street Drifts as Fed Minutes, Bond Yields Drive Sentiment

Europe Weakens, Wall Street Drifts as Fed Minutes, Bond Yields Drive Sentiment

HSBC Shares Thrashed After 2017 Profit Miss, Capital Raising Plans

HSBC Shares Thrashed After 2017 Profit Miss, Capital Raising Plans

Walmart, Home Depot, Rite Aid, Elon Musk and KFC - 5 Things You Must Know

Walmart, Home Depot, Rite Aid, Elon Musk and KFC - 5 Things You Must Know

Stocks Pounded as Bond Yields Rise Before $260 Billion Treasury Auction Bonanza

Stocks Pounded as Bond Yields Rise Before $260 Billion Treasury Auction Bonanza

Europe Stocks Gain, Wall Street Slips as Investors Await Bond Auction Tsunami

Europe Stocks Gain, Wall Street Slips as Investors Await Bond Auction Tsunami