Markets

HSBC Holdings Preferred Stock, Series D Shares Cross 4.5% Yield Mark

In trading on Thursday, shares of HSBC Holdings plc's Adjustable Rate Cumulative Preferred Stock, Series D (Symbol: HUSI.PRD) were yielding above the 4.5% mark based on its quarterly dividend (annualized to $1.125), with shares changing hands as low as $24.99 on the day. This compares to an average yield of 5.93% in the "Banking & Savings" preferred stock category, according to Preferred Stock Channel . As of last close, HUSI.PRD was trading at a 0.80% premium to its liquidation preference amount, versus the average discount of 2.28% in the "Banking & Savings" category.

The chart below shows the one year performance of HUSI.PRD shares, versus HSBC:

Performance Comparison Chart

Below is a dividend history chart for HUSI.PRD, showing historical dividend payments on HSBC Holdings plc's Adjustable Rate Cumulative Preferred Stock, Series D:

HUSI.PRD+Dividend+History+Chart

In Thursday trading, HSBC Holdings plc's Adjustable Rate Cumulative Preferred Stock, Series D (Symbol: HUSI.PRD) is currently up about 0.7% on the day, while the common shares (Symbol: HSBC) are trading flat.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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