HSBC chairman says dividend outlook remains strong

Reuters05-03

LONDON, May 3 (Reuters) - HSBC is in a strong position to continue paying robust dividends to shareholders despite an uncertain global economic outlook and central bank policy moves, Chairman Mark Tucker said at the bank's annual shareholder meeting on Friday.

The bank returned $19 billion to shareholders in 2023 through dividends and buybacks and has announced a further $8.8 billion this year.

(Reporting by Lawrence White; editing by Jason Neely)

((lawrence.white@thomsonreuters.com; +44 20 7513 5083; Reuters Messaging: @ReutersLawrence))

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