HSBC Holdings Dividend
Dividend criteria checks 4/6
HSBC Holdings is a dividend paying company with a current yield of 6.99% that is well covered by earnings. Next payment date is on 21st June, 2024 with an ex-dividend date of 9th May, 2024.
Key information
7.0%
Dividend yield
53%
Payout ratio
| Industry average yield | 6.3% |
| Next dividend pay date | 21 Jun 24 |
| Ex dividend date | 09 May 24 |
| Dividend per share | n/a |
| Earnings per share | UK£1.20 |
| Dividend yield forecast in 3Y | 7.4% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HSBA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HSBA's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| HSBC Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HSBA) | 7.0% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Banks) | 6.3% |
| Analyst forecast in 3 Years (HSBA) | 7.4% |
Notable Dividend: HSBA's dividend (6.99%) is higher than the bottom 25% of dividend payers in the UK market (2.12%).
High Dividend: HSBA's dividend (6.99%) is in the top 25% of dividend payers in the UK market (5.78%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.7%), HSBA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HSBA's dividends in 3 years are forecast to be covered by earnings (51.4% payout ratio).