"Europe's largest bank, HSBC Holdings Plc, reported Thursday its first-quarter results of $5 billion for profit before tax, down 19 percent from a year ago. The bank's latest quarterly profit was higher than the $4.31 billion average of analysts' estimates that it compiled."
http://www.cnbc.com/2017/05/04/hsbc-rep ... nings.html
Dividend maintained at $0.1
"In the current uncertain environment, we plan to sustain the annual dividend in respect of the year at its current level for the foreseeable future. Growing our dividend in the future will depend on the overall profitability of the Group, delivering further release of less efficiently deployed capital and meeting regulatory capital requirements in a timely manner. Actions to address these points were core elements of our Investor Update in June 2015."
http://www.hsbc.com/investor-relations/ ... _1Q2017_On
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HBSC Q1 results
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Tight HYP discussions only please - OT please discuss in strategies
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- Lemon Quarter
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Re: HBSC Q1 results
The Directors of HSBC Holdings plc have declared a first interim dividend of $0.10 per ordinary share in respect of the financial year ending 31 December 2017 in accordance with their intention, as set out in the Annual Report and Accounts 2016, to pay quarterly dividends on the ordinary shares in a pattern of three equal dividends with a variable fourth interim dividend. The ordinary shares will be quoted ex-dividend in London, Hong Kong, Paris and Bermuda on 18 May 2017. The American Depositary Shares will be quoted ex‑dividend in New York on 17 May 2017. The dividend will be payable on 5 July 2017 to holders of record on 19 May 2017.
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