Cash Dividend On The Way From HSBC Holdings Adjustable Rate Cumulative Preferred Stock, Series D

On 12/11/13, HSBC Holdings plc's Adjustable Rate Cumulative Preferred Stock, Series D (NYSE: HUSI.PRD) will trade ex-dividend, for its quarterly dividend of $0.2812, payable on 1/2/14. As a percentage of HUSI.PRD's recent share price of $24.81, this dividend works out to approximately 1.13%, so look for shares of HUSI.PRD to trade 1.13% lower -- all else being equal -- when HUSI.PRD shares open for trading on 12/11/13. On an annualized basis, the current yield is approximately 4.53%, which compa...