HSBC USA Inc. announced today that its board of directors declared the regular quarterly cash dividend on the company’s preferred stock as follows, each such dividend payable on January 4, 2010 to stockholders of record on December 15, 2009:
Series | Dividend | |||||
| 6.50% Non-Cumulative Preferred Stock, Series H | $16.25 per share (equivalent to 40.625 cents per Depositary Share) | |||||
| Floating Rate Non-Cumulative Preferred Stock, Series G | $10.55556 per share (equivalent to 26.3889 cents per Depositary Share) | |||||
| Floating Rate Non-Cumulative Preferred Stock, Series F | $0.230903 (23.0903 cents) per share | |||||
| Adjustable Rate Cumulative Preferred Stock, Series D | $1.125 per share (equivalent to 28.125 cents per Depositary Share) | |||||
| $2.8575 Cumulative Preferred Stock | $0.714375 (71.4375 cents) per share |
About HSBC USA Inc.
HSBC USA Inc. and its subsidiaries including HSBC Bank USA, N.A. (collectively, HUSI) offer a full range of traditional banking products and services to individuals, including high net worth individuals, small businesses, corporations, institutions and governments.
Contacts:
Diane Soucy Bergan
224-544-3310
Diane.Soucy.Bergan@us.hsbc.com