Forbes -
9 Mar 2015 19:43

On 3/11/15, 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 4/1/15. As a percentage of HUSI.PRD's recent share price of $25.42, this dividend works out to approximately 1.11%, so look for shares of HUSI.PRD to trade 1.11% lower — all else being equal — when HUSI.PRD shares open for trading on 3/11/15. On an annualized basis, the current yield is approximately 4.42%, which compa...
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