HSBC Holdings plc provides banking and financial products and services. It operates through four businesses Retail Banking and Wealth Administration, Commercial Banking, Global Banking and Markets, and Global Private Banking.
HSBC Holdings plc logo HSBC Holdings plc (LON:HSBA)'s stock had its “underperform” rating reaffirmed by investment analysts at BNP Paribas in a note issued to investors on Tuesday, Market Beat Ratings reports.
If you look at the headline figures, you could be forgiven for thinking that FTSE 100 banking dividends are much of a muchness. The annual yield at HSBC Holdings (LSE: HSBA)(NYSE: HSBC.US) has been holding up and is forecast to provide 5.6% this year ...
Investors need to beware of dividend yield traps when looking at high-yielding shares. Although high yields are tempting to income investors, they could also be a sign of potential dividend cuts or that a share price that has further to fall.