HSBC USA Inc. Declares Dividends
HSBC USA Inc. Declares Dividends
18 November 2008
New York, NY - 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 January 1, 2009 to stockholders of record on December 15, 2008:
| Series | Dividend |
| 6.50% Non-Cumulative Preferred Stock, Series H | $16.25 per share (equivalent to 40.625 cents per Depositary Share) |
| Floating Rate Non-Cumulative Preferred Stock, Series G | $11.967276 per share (equivalent to 29.9182 cents per Depositary Share) |
| Floating Rate Non-Cumulative Preferred Stock, Series F | $0.299182 (29.9182 cents) per share |
| Adjustable Rate Cumulative Preferred Stock, Series D | $1.125 per share (equivalent to 28.125 cents per Depositary Share) |
| $2.8575 Cumulative Preferred Stock | $0.714375 (71.4375 cents) per share |
About HSBC USA Inc.
HSBC USA Inc. and its subsidiaries including HSBC Bank USA, N.A. and HSBC National Bank USA (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.
Media Contacts
- Diane Soucy Bergan
- Diane.Soucy.Bergan@us.hsbc.com
- 224-544-3310