PRESS RELEASE: HSBC Finance Corporation Declares Dividend for Holders of Series B Preferred Stock

29th Jul 2010 16:00

METTAWA, Ill.--(BUSINESS WIRE)--July 29, 2010-- HSBC Finance Corporation announced today that its board of directors declared the regular quarterly cash dividend on the company's Series B preferred stock of $0.3975 per depositary share payable September 15, 2010, to shareholders of record on August 31, 2010. About HSBC Finance Corporation HSBC Finance Corporation, through its subsidiaries, provides credit cards and private label credit cards, taxpayer financial services and specialty insurance products, and also services a liquidating portfolio of residential real estate loans and unsecured loans. A liquidating portfolio of auto loans is serviced by a third party. HSBC Finance is a subsidiary of HSBC North America Holdings Inc., one of the ten largest bank holding companies in the United States. CONTACT: HSBC Media Contact: Rob Sherman 212-525-6901 [email protected] SOURCE: HSBC Copyright Business Wire 2010 Order free Annual Report for HSBC Holdings plc Visit http://djnweurope.ar.wilink.com/?ticker=GB0005405286 or call +44 (0)208 391 6028 (END) Dow Jones Newswires July 29, 2010 11:00 ET (15:00 GMT)