Hsbc Dividends - HSBA

Hsbc Dividends - HSBA

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Hsbc Holdings Plc HSBA London Ordinary Share GB0005405286 ORD $0.50 (UK REG)
  Price Change Price Change % Stock Price High Price Low Price Open Price Close Price Last Trade
  -2.90 -0.52% 555.90 557.50 552.50 557.50 558.80 14:11:23
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Industry Sector

Hsbc HSBA Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

essentialinvestor: PRU may be the better longer term bet from that list, however their share price can be battered on adverse sentiment. Longer term should do very nicely, if you can live with the volatility.
stewart64: I guess the pullback was about the Fed giving notice of weakening interest rate rise case. Sector wide but HSBC more severely hit than some. Price action a puzzler to me given the $25 billion approx. profit for 2018 and large dividend in the pipeline. Bought some today at 641.
kenmitch: Strongly agree re buybacks Jeffian.Banks wasted £billions buying back ahead of their shares crashing in the 2008 crash. Then they reissued them and far more than they had bought back in heavily discounted rights issues at a fraction of the buyback prices. Those who did well were not those supposedly rewarded with the buybacks (they lost heavily)but those buying in the rights issues or after them. And they are now getting dividends too. E.g. From Lloyds. No wonder Directors love buybacks. Their bonus payments are often based on eps, and fewer shares in issue means higher eps - but note often NOT an increasing share price.
jeffian: I must say that, although I get the theory that reducing the shares in issue increases NAV/eps for the remainder, I really struggle with the idea that share buybacks are "returning surplus capital to shareholders". They are returning all the surplus capital to some of the shareholders errrr...... who are no longer shareholders because they've sold their shares! Whether Mr. Market rewards the rest of us with an increased share price is a bit of a lottery. The press comment says that it is a good thing because simply increasing the divi may be unsustainable in the long run but so what? It could be done by a "Special Dividend" (which is a one-off by its nature) or a Return of Capital (unfortunately, now treated as a dividend for tax purposes) and then all of the surplus is spread across all of the shareholders rather than just those who agree to sell. Still, Mr. Market seems to like it so far.
brahmsnliszt: By Nisha Gopalan (Bloomberg Gadfly) -- Pop the champagne. HSBC Holdings Plc, riding a share surge, is promising another great giveaway that might ring in even more price gains. Once the dividend play of note, HSBC has become the buyback king. On Monday, after reporting a larger-than-estimated jump in second-quarter profit, the London-headquartered bank announced plans for a buyback of as much as $2 billion before the year is out. Armed with a strong core equity Tier 1 ratio of 14.7 percent, plus a clean bill of health at its U.S. operations, HSBC can afford to be generous. That generosity has the happy coincidence of boosting profitability too, not to mention getting as-yet-unconvinced analysts on board. HSBC second-quarter adjusted pretax profit +13% By reducing the number of shares in circulation, the buyback puts HSBC within striking distance of its 10 percent return-on-equity goal. (The bank no longer gives a time frame for when it might achieve this, however.) HSBC posted an ROE of 8.8 percent for the first half, compared with 7.4 percent in the same period of 2016. The buyback, on top of the $3.5 billion already undertaken over the past 12 months, adds some gloss to a payout strategy that was beginning to wear thin. Despite CEO Stuart Gulliver's comments that the bank has paid out more in dividends over the past year than any other European or American lender, HSBC no longer has the allure of progressive dividends. On Monday, it continued its projections of "sustained dividends," but the rising share price has taken a toll on payout yields. The challenge of finding a successor for Gulliver, who retires next year, also still looms. In March, for the first time in its 150-year history, HSBC chose an outsider, AIA head Mark Tucker, to replace HSBC veteran Douglas Flint as chairman. Tucker, and the new CEO, will be steering a much stronger bank, but one whose "pivot to Asia" program has a way to go. And Brexit is approaching. Even so, Monday's good news outweighed the bad by a wide margin. Revenue increased for a second quarter, and crucially, expenses look to be under control. So-called adjusted jaws, a figure that measures growth in revenue versus growth in costs, came in at 0.5 percent, compared with a negative 0.6 percent in the first quarter. They're results that justify the number of Chinese investors rushing headlong into HSBC's stock of late. Lured by dividends that are more attractive than domestic banks, mainland buyers now own 4.3 percent of HSBC's shares through the trading link that connects Hong Kong with Shanghai. That's up from 2.3 percent four months ago, when such data first became available. With interest rates in the U.S. on the rise, and this buyback in the cards, HSBC investors can expect their good fortune to continue. This column does not necessarily reflect the opinion of Bloomberg LP and its owners.
garycook: The big FTSE 100 banks release their annual results this week. HSBC (LSE: HSBA) kicked off the season, saying it “delivered a solid performance” in 2016. However, the shares fell by as much as 6% in early trading on Tuesday. Numbers HSBC’s reported numbers didn’t impress, with statutory pre-tax profit falling 62% to $7.1bn, as one-off costs and multibillion-dollar writedowns took their toll. These included a $3.2bn impairment of goodwill in the private banking business in Europe, $3.1bn of upfront costs to achieve longer-term annual cost savings, adverse changes in the fair value of the bank’s own debt and the impact of the sale of its operations in Brazil. The statutory bottom-line profit was further hit by an effective tax rate of 51.6%, as a result of which basic earnings per share (EPS) fell 89% to $0.07 from $0.65. Most of the items that contributed to the disappointing statutory results had no impact on capital, even though they were material in accounting terms. However, the underlying performance of the bank was also below analysts’ expectations. Adjusted pre-tax profit came in at $19.3bn compared with a City consensus of $20.3bn. Valuation HSBC didn’t give an underlying EPS number but based on adjusted pre-tax profit and a 20.6% tax rate (representing the mix of standard tax rates in the countries in which the group’s profits arise), I calculate an underlying EPS number of $0.78 (around 63p). Based on this number and HSBC’s current share price of 665p, the trailing price-to-earnings (P/E) ratio is 10.6. Meanwhile, a dividend of $0.51 (around 41p) — which the board says it’s “confident of maintaining at this level” — gives a yield of 6.2%. On the face of it, the P/E and yield are highly attractive but what of the outlook? Outlook On one hand, HSBC said it’s recently upgraded its forecasts for global economic growth “reflecting the likelihood of a shift in US fiscal policy and a broader based cyclical recovery”. On the other hand, it commented: “Forecast global growth remains slightly lower than its long-term trend with risks largely to the downside”. These risks include possible protectionist measures from the new US administration impacting global trade, uncertainties facing the UK and EU as they enter Brexit negotiations and the impact of a stronger dollar on emerging economies with high debt. Aside from the macro outlook, HSBC says it enters 2017 with “the restructuring of the Group essentially completed”. There’s still work to do on reducing costs and improving profitability but I’m expecting statutory numbers and adjusted numbers to have moved much closer together by the end of 2018. Long term There are always uncertainties in the world but I believe HSBC’s capital strength and global universal business model stand it in good stead for the long term. When we get to 10 years on from the end of the 2008/9 financial crisis, I can see my current trailing P/E for the bank of 10.6 being closer to the long-term trailing historical average for the FTSE 100 of about 16. This would imply a share price back to its pre-crisis high of above 1,000p . So, 50% upside and with annual dividends of over 6% on top. Of course, this may be optimistic if the downside risks to the macro outlook do materialise. However, it generally pays to be an optimist when it comes to long-term investment in the stock market and, as such, I personally rate HSBC a ‘buy’.
kefta: (ShareCast News) - Morgan Stanley upgraded HSBC to 'equal weight' from 'underweight' and raised its price target to 645p from 550p. The broker upgraded the bank's stock as the revenue outlook has improved on better Asia pacific (APAC) loan growth and higher rates. "We have had an underweight rating on HSBC as we were concerned around risks to the dividend and what we saw as too optimistic revenue assumptions from consensus given the Asian growth outlook and US rate picture." After strong capital build in the third quarter, increased optimism around HSBC's APAC loan growth and a sharp increase in US interest rate expectations we are now modelling earnings ahead of consensus for 2016 to 2019 estimates. While we still see better value elsewhere we no longer see material downside risk to the share price from here, said the note. HSBC's share price rose 2.99% to 645.60p at 0938 GMT on Tuesday.
speedsgh: Deutsche banks on HSBC dividends - HTTP:// Deutsche Bank believes HSBC’s (HSBA) dividend should be safe this year and the next. Deutsche Bank analyst David Lock retained his ‘hold’ recommendation and increased the target price from 514p to 525p. The shares rose 1.5% to 566p yesterday. ‘The announcement of a $2.5 billion (£1.9 billion) share buyback at HSBC’s interim results surprised market consensus that had been factoring in the prospect of a dividend cut,’ he said. ‘Relative to subsidiary cash earnings HSBC is over distributing. The buyback is therefore being funded by capital freed up by shrinking the group. To the extent that the freed capital was not making the group cost of capital we would view this as positive. With capital being stripped out of Latin America this year and the US next year the dividend looks safe for both 2016 and 2017.’ However, Lock added that the group ‘does still need to grow into the current dividend burden and we should expected limited book value per share growth for the next two to three years which is likely to cap share price appreciation’.
mrthomas: Brought before the dividend am surprised held up very well hope this could be a long term hold if get to 600 and dividend either stays or goes up re RBS brought into before the results and then sold and make my profit its too hard to call that share price would go back in once price goes down again. Were you going to get this kind of semi safe dividend yield in current markets and at a three year low so all good
henrylightningbolt: 4 me the important thing announced with results was that HSBC R continuing to pay their excellent dividend return of approximately 7%. That beats hands down the measly 2.2% I could get on a 5 year bond. HSBC's share price is fairly irrelevant 2 me. 500p? or 600p? why should I care? I have bought HSBC as a long term, income supplier, fairly risk free in the short term dividend wise. Having said that I did take out a 20 pound a point DECEMBER spread bet a few days ago at 524p. I do think that 4 those interested in trading HSBC that the $2.5bn share buy back is very significant & that I do see HSBC's share price rising to 600p+. I am fairly certain this play will nett me 1,000.00p tax free. I may add 2 this position if the share price rises as I expect it will. HSBC's share price warrants a higher share price on its dividend return alone.
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P: V: D:20191205 14:26:39