HBC's dividend is secure even though it went from $0.85 cents on November 20th, 2007 to $0.45 cents on August 17th, 2011. The dividend is healthy and going no where. China is a big market for HSBC. They sold their London headquarters and moved to Hong Kong. Big things are about to happen.
Just wait until the global economy recovers. For now, HBC believe it or not, remains a value stock. They were once a high flyer at $98.71. Pick up some shares and hold onto them for life. Let their dividends protect you from stock price fluctuations. Click here to visit HBSC's homepage, and here to visit their investor relations website. Watch the video below for HSBC's top economist on the Euro and UK economy. Don't worry, HSBC will figure it out.
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