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, 2016, to stockholders of record as of June 15, 2016.
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 PR F |
$0.221181 (22.1181 cents) per | ||||
Notes to editors:
HSBC USA Inc. ("HUSI") is a Maryland corporation and its principal business is to act as a holding company for its subsidiaries including HSBC Bank USA, N.A. Through HSBC Bank USA, N.A. and its subsidiaries, HUSI offers 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 an indirect wholly-owned subsidiary of HSBC North America Holdings Inc.
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Contacts:
HSBC USA Inc.
Rob
Sherman, +1 212-525-6901
robert.a.sherman@us.hsbc.com
