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 July 1, 2015, to stockholders of record as of June 15, 2015.
Series | New Symbol | Dividend | ||||||||
6.50% Non-Cumulative | HUSI PR H |
$16.25 per share (equivalent to | ||||||||
Floating Rate Non-Cumulative | HUSI PR G |
$10.11112 per share | ||||||||
Floating Rate Non-Cumulative | HUSI PRF |
$0.221181 (22.1181 cents) per | ||||||||
Adjustable Rate Cumulative | HUSI PR D |
$1.125 per share (equivalent to | ||||||||
$2.8575 Cumulative Preferred | HUSI PR Z |
$0.714375 (71.4375 cents) per | ||||||||
Notes to editors:
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. HSBC USA Inc. is a subsidiary of HSBC North America Holdings Inc.
Contacts:
Rob Sherman +1 212-525-6905
robert.a.sherman@us.hsbc.com