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[HSBC Standard Chartered Stops Dividend Payment] Hang Seng: No Plan to Change Dividend Policy

2020-04-01T04:34:01.091Z


New crown pneumonia has brought the global economy to a standstill. HSBC Holdings (0005), known as Lion King, and Standard Chartered (2888) announced that they will not distribute final dividends last year and stop repurchases. As for HSBC's subsidiary Hang Seng Bank


Financial news

Written by: Hu Xueneng

2020-04-01 12:22

Last updated: 2020-04-01 12:27

New crown pneumonia has brought the global economy to a standstill. HSBC Holdings (0005), known as Lion King, and Standard Chartered (2888) announced that they will not distribute final dividends last year and stop repurchases. As for HSBC's Hang Seng Bank (0011), when responding to "Hong Kong 01" inquiries, it stated that the bank is listed on the Hong Kong Stock Exchange independently and currently has no plans to change its dividend policy.

Hang Seng also pointed out that in determining the level of dividends, factors such as profitability, regulatory requirements, development opportunities and operating environment will be considered.

Hang Seng, which pays dividends every quarter, paid the fourth interim dividend of $ 4 last year, while the first three interim dividends were $ 1.4, and the annual dividend was $ 8.2.

HSBC Holdings dropped below 40 yuan in the early stage and cancelled dividends, expected to increase credit losses in the first quarter

HSBC stopped paying dividends to netizens: stupid: you have to return when you get into the bag.

[New Crown Pneumonia] HSBC halts fourth quarter dividend and announces no dividend or repurchase this year

HSBC HSBC repurchases Standard Chartered Hang Seng Bank

Source: hk1

All news articles on 2020-04-01

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