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HSBC wants to restart dividends

“Subject to regulatory consultation”
HSBC wants to restart dividends
  • As with Barclays, third quarter credit losses were significantly below forecasts
  • “Resilient” profits from Asia again pushed up the group’s capital ratio
  • Lender is keen to recommence dividends
IC TIP: Hold at 319p

Over to you, Threadneedle Street. That was the implicit message contained within third quarter results for HSBC (HSBA), which promised beleaguered shareholders that the board “will consider whether to pay a conservative dividend for 2020”.

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