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 October 1, 2014 to stockholders of record on September 15, 2014.
Series | New Symbol | Dividend | ||||||
6.50% Non-Cumulative | HUSI PR H |
$16.25 per share (equivalent to | ||||||
Floating Rate Non-Cumulative | HUSI PR G |
$10.22224 per share | ||||||
Floating Rate Non-Cumulative | HUSI PRF |
$0.223612 (22.3612 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.
Contacts:
HSBC USA Inc.
Rob
Sherman, +1 212-525-6905
robert.a.sherman@us.hsbc.com