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Mark Tucker: HSBC HOLDINGS Div. Outlook Strong; Payout Ratio Maintained at 50% This Yr
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HSBC HOLDINGS (00005.HK) held an informal shareholder meeting in Hong Kong today. HSBC Group Chairman Mark Tucker said that the group's future dividend outlook is still strong, with a payout ratio maintained at 50% for this year. The group's goal is to achieve an average return on tangible equity of about 15% annually in 2025-27. Despite the uncertain global geopolitical and economic environment, Tucker expressed confidence in achieving these targets and delivering healthy returns again this year. AAStocks Financial News |
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