HSBC Holdings plc (LON:HSBA – Get Rating) insider Georges Elhedery sold 52,907 shares of the business’s stock in a transaction that occurred on Monday, February 27th. The shares were sold at an average price of GBX 633 ($7.64), for a total value of £334,901.31 ($404,128.53).
HSBC Price Performance
Shares of LON HSBA opened at GBX 640.30 ($7.73) on Thursday. The company has a market capitalization of £127.87 billion, a price-to-earnings ratio of 1,306.73, a price-to-earnings-growth ratio of 0.68 and a beta of 0.63. The business has a 50-day moving average of GBX 586.29 and a two-hundred day moving average of GBX 527.35. HSBC Holdings plc has a 1 year low of GBX 434.70 ($5.25) and a 1 year high of GBX 653.80 ($7.89).
HSBC Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, April 27th. Shareholders of record on Thursday, March 2nd will be given a dividend of $0.23 per share. This is a boost from HSBC’s previous dividend of $0.09. The ex-dividend date of this dividend is Thursday, March 2nd. This represents a yield of 3.08%. HSBC’s payout ratio is presently 4,489.80%.
Analyst Upgrades and Downgrades
HSBC Company Profile
HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and private wealth solutions.
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