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HSBA Hsbc Holdings Plc

695.60
27.50 (4.12%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Hsbc Investors - HSBA

Hsbc Investors - HSBA

Share Name Share Symbol Market Stock Type
Hsbc Holdings Plc HSBA London Ordinary Share
  Price Change Price Change % Share Price Last Trade
27.50 4.12% 695.60 16:29:59
Open Price Low Price High Price Close Price Previous Close
678.20 677.60 702.40 695.60 668.10
more quote information »
Industry Sector
BANKS

Top Investor Posts

Top Posts
Posted at 28/3/2024 15:59 by spud
HSBC’s Gold Token Goes Live for Retail Investors in Hong Kong



spud
Posted at 21/2/2024 16:30 by supermarky
Yes a calm investor head needed on silly sausage days. The share price was about this sort of levels just last month.
Posted at 21/2/2024 13:45 by igoe104
HSBC zoom results presentation..
Posted at 21/2/2024 09:54 by anhar
Massive inflation beating divi increase of 90.6% for 2023 to US 61¢ (2022 32¢). As purely a long term income investor, this was very good news for me though their divi record has been patchy over the years.
Posted at 25/1/2024 10:23 by adrian j boris
HSBC regains crown as top UK dividend payer for first time since GFC

Overall UK dividends down 3.7%

Cristian Angeloni
25 January 2024 • 3 min read


Last year, banks overtook any other sector in terms of dividend payments, something that has not happened since before the Global Financial Crisis, Computershare noted.


Last year, banks overtook any other sector in terms of dividend payments, something that has not happened since before the Global Financial Crisis, Computershare noted.

HSBC has topped the list of UK dividend payers for 2023, a spot it has not held since 2008, after fully restoring its quarterly payouts last year.

Data from Computershare's Dividend Monitor published today (25 January) revealed 2023 marked the second consecutive year in which banks made the largest contribution to UK dividend growth, with payouts rising by almost a third to £13.8bn.

European dividend payouts forecast to rise by 6.5% in 2024

Last year, banks also overtook any other sector in terms of dividend payments, an event that has not occurred since before the Global Financial Crisis, Computershare noted.

However, overall UK dividends fell by 3.7% to £90.5bn over 2023, due to a decrease in one-off special dividends, although regular dividends grew by 5.4% to £88.5bn.

Mark Cleland, CEO issuer services UK, Channel Islands, Ireland and Africa at Computershare, said: "The return to prominence by the banks is really remarkable. 13 years of rock-bottom interest rates made it very hard for the sector to make profits, but the need to quell inflation with higher interest rates means the last two years have delivered a dramatic turnaround. Bank investors are reaping the dividends of this reversal and we expect them to see even larger payouts in 2024."

The oil and utility sectors followed suit, with high energy prices driving a 15.8% increase in dividends from the oil sector, whereas inflation-linked dividend policies drove record dividends from utilities.

The biggest detraction came from the mining sector, the firm found, as commodity prices and profits weakened throughout the year.

Total dividends paid by the mining sector dropped to £4.5bn - down more than a quarter year-on-year - including special dividends, which are "common in the highly cyclical industry", Computershare said.

Despite this, the sector still accounted for £1 in every £8 distributed by UK companies in 2023.

FTSE 100 dividend forecasts fall 10% for 2023 and 2024

The Dividend Monitor highlighted dividend growth was also slowed by large share buybacks undertaken last year, which impacted the total amount of dividends paid as their aim is to reduce the number of shares in issue.

Computershare argued dividend growth would have been a third faster last year had buybacks not been issued, adding it would have been even faster if "a small proportion of buyback cash had been diverted to dividends".

The report forecast a slower dividend growth for 2024 at 2%, with regular dividends expected to pay £89.8bn this year.

However, special dividends are expected to recover and "at least make up for the negative impact of a stronger pound" and drive the headline total up 3.7% to £93.9bn.

Cleland added: "There was a lot to be cheerful about in 2023, even if lower one-off payments masked the solid progress UK dividends made. UK plc is generating a lot of cash, which means underlying dividend growth was very encouraging in 2023.

"Payouts may well remain below their pre-pandemic highs, but significantly larger share buyback programmes have provided an alternative route for channelling surplus capital to shareholders. These programmes also conceal the extent to which dividends are really growing by reducing the number of shares in issue. This is not to say that either buybacks or dividends are superior - they just represent a different way of cutting the cake."
Posted at 14/12/2023 19:05 by bargainsniper
Overseas investors now hold a record high 57.7pc of the UK stock market, while the proportion of domestic shares held by UK individuals fell to just 10.8pc.UK equities have been unloved for some time now with institutional and private investors pulling money out of the domestic market. Jason Hollands, managing director at stockbroker Bestinvest, says: "It's no secret that ownership of the UK stock market by British insurance and pension funds has plummeted dramatically.Https://uk.finance.yahoo.com/news/foreigners-flock-london-stock-market-060000460.html
Posted at 24/11/2023 10:57 by pj84
HSBC joins banks in deep value territory as yield hits 10%

This year's dividend from Asia-focused lender is expected to double 2022's payout.

BY ALGY HALL, DANIEL GROTE

Shares in AAA-rated HSBC (GB:HSBA) are trading in deep value territory as the Asia-focused lender’s forecast dividend yield hits 10% for the first time since the global financial crisis.

HSBC, which owes its top Citywire Elite Companies rating to its backing by 14 top-performing fund managers, has joined a raft of other top-rated banks highlighted by our regular screen for deep value stocks.

That’s despite a creditable performance from the shares in a bad year for banks, after the collapse of US lender Silicon Valley Bank (SVB) in March sparked fears for the sector.

Shares in HSBC, which bought SVB’s UK arm following the bank’s collapse, have returned 27% in 2023, outperforming the FTSE 100’s other banks. Yet its forecast dividend yield of 10.4% over the next 12 months also trumps its London-listed blue-chip rivals.

That’s because HSBC’s rising forecast dividend yield is the product not of a falling share price, but increased dividend expectations.

Analysts expect the bank’s dividends to double this year to 64¢, up from 32¢ in 2022, with the bulk of those payments coming from 2023’s yet-to-be-declared final quarterly payout.

Those higher dividend expectations are driven by increased earnings forecasts. The bank has committed to a 50% payout ratio for 2023 and 2024, ‘excluding material notable items’. HSBC had previously targeted paying out between 40% and 55% of earnings.

HSBC’s dividend prospects have helped to cement the bank’s standing among income investors after the interruption to payouts during the pandemic. Three of the bank’s 12 Elite Investors run funds with an income focus.

The bank this year resumed quarterly payments, which had been its practice prior to the Covid outbreak. HSBC also plans to distribute a 21¢ one-off dividend from the proceeds of the sale of its Canadian banking business, expected to be paid early next year.
Posted at 30/10/2023 16:33 by moneysage
it appears bulk of profits coming from net interest payments in increasing interest rate environment. In other words not passing on savings rates to customers as quick as lending rates. Toothless regulator FCA in UK tried to tackle this without success - so may continue to profit from this easy money short term. However one of the key investor expectations has been for HSBC to reduce costs - instead these went up and £200m ABOVE expectations. Big slumbering giant which can't reduce its own costs, relies on robbing own customers by not passing on savings rates and lacks clear strategy and direction. Not quite a growth stock. We've seen the peak for now for a good few years. Good luck all.
Posted at 11/9/2023 09:18 by togglebrush
(Bloomberg) -- China escalated its defense of the yuan by delivering a strong verbal warning to speculators and forceful guidance to investors with its daily reference rate, measures that pushed the managed currency away from a 16-year low.
Posted at 10/5/2023 13:40 by apotheki
The dividend-paying stocks option

An alternative is to go for income stocks – companies with a reputation for paying dividends to investors. The UK stock market is a great place to hunt for income stocks, commonly found in sectors like telecommunications, utilities and oil and gas, which make up a significant proportion of the FTSE 100.

The index itself has a generally attractive average dividend yield of 3.6pc, but some companies will pay out even higher yields than this.

However, it is not just the yield you should look at when assessing dividend-paying stocks, but also the dividend cover. This is the company’s earnings per share (EPS) dividend by its dividend per share (DPS), and it helps investors work out whether the company has sufficient cash on its balance sheet to cover future payouts.

A dividend cover of less than 1.5 is generally considered low, implying the company might cut its dividend in future.

Just 10 stocks on the index are forecast to pay dividends worth £46.6bn, or 55pc of the forecast total, in 2023, according to AJ Bell. The investment firm expects HSBC to be the single biggest paying stock in the FTSE 100 in 2023, followed by Shell, British American Tobacco, Glencore and Rio Tinto.


Top dividend-paying companies in 2023

Dividend (£)

Dividend yield (per cent)

Dividend cover (x)

Cut in last decade?

HSBC 9,117 8.5 2.16 2019, 2020

Shell 6,624 4.4 4.13 2020

BAT 5,446 8.5 1.52 No

Glencore 5,057 9.1 1.90 2015, 2016, 2020

Rio Tinto 4,354 5.1 1.54 2016, 2022

Source: AJ Bell

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