Some analysts had predicted that tough markets and higher costs would force HSBC(LSE: HSBA) to cut its generous dividend payout. But despite a plunge in profits in the first-quarter, the bank had good news for shareholders.
Owain Bennallack owns shares of HSBC Holdings. The Motley Fool UK has recommended HSBC Holdings. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.