Urban image representing a city scene for HSBC's 2019 Corporate Results

HSBC Dividend and Company Results Review for 2019

HSBC Holdings Results and Dividend Review for 2019 Company Performance

HSBC announced a dividend of US$0.51 per share in 2019, consistent with the same period in 2018.

The ex-dividend date is 27 February 2020 and a payment date of 14 April 2020.

Current dividend yield performance for HSBC is 7.09%. This compares favourably with the average performance for the sector of 4.38% and the average performance for the FTSE 100 of 3.82%.

The dividend yield for HSBC for the last ten years has steadily increased from 3.84% to more than 7%.

The price earnings ratio is 8.9 against a FTSE 100 average of 27.

The share price fell by 6.3% from 590.70 to 551.90 on the release of the results.

Recently announcing 35,000 job losses to help stem the flow of falling profits HSBC is responding robustly to increased competition on the global stage.

There is a lot of speculation about further impending changes at HSBC. Let’s wait and see what the interim chief executive, Noel Quinn is able to do in 2020.

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