|Bid||0.00 x 1400|
|Ask||0.00 x 2900|
|Day's range||26.35 - 26.77|
|52-week range||25.63 - 38.61|
|Beta (5Y monthly)||0.53|
|PE ratio (TTM)||8.10|
|Forward dividend & yield||1.35 (5.00%)|
|Ex-dividend date||18 Aug 2022|
|1y target est||N/A|
HSBC sold its US retail banking business last year. The group that once billed itself “the world’s local bank” has now launched a strategic review of its Canadian business, with a sale as one option. Unlike the US unit, which was consistently lossmaking, the Canadian business is profitable.
HSBC is exploring selling its Canada business as it resists calls from its biggest shareholder to split the bank in two.
FTSE 100 set for record cash returns to investors but dividend forecasts stall.