HSBC Holdings declares $0.50/ADS dividend; halts share buybacks amid Hang Seng privatization plan

Published 1 week ago Positive
HSBC Holdings declares $0.50/ADS dividend; halts share buybacks amid Hang Seng privatization plan
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* HSBC Holdings (NYSE:HSBC [https://seekingalpha.com/symbol/HSBC]) declares $0.50/ADS interim dividend [https://www.hsbc.com/investors/results-and-announcements].
* The dividend will be payable on ADSs, each of which represents five ordinary shares on Dec. 18; for shareholders of record Nov. 7; ex-div Nov. 7.
* A quarterly dividend of £0.01 per Series A sterling preference share is payable on 17 March, 16 June, 15 September and 15 December 2025 for the quarter then ended at the sole and absolute discretion of the Board of HSBC Holdings plc. Accordingly, the Board of HSBC Holdings plc has approved a quarterly dividend to be payable on 15 December 2025 to holders of record on 28 November 2025.
* "Having announced our INTENTION NOT TO INITIATE SHARE BUY-BACKS TEMPORARILY FOR THREE QUARTERS, following the proposal to privatise Hang Seng Bank Limited. A decision to recommence buy-backs will be subject to our normal buy-back considerations and process on a quarterly basis."
* "We maintain our dividend payout ratio target basis of 50% for 2025, excluding material notable items and related impacts."
* See HSBC Dividend Scorecard, Yield Chart, & Dividend Growth. [https://seekingalpha.com/symbol/HSBC/dividends?source=news_bullet]