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Agricultural Bank of China ( (HK:1288) ) has shared an update.
The Agricultural Bank of China Limited’s Board of Directors recently convened to approve two significant financial proposals. The first was a dividend payment scheme for the 2024-2025 fiscal year, involving a cash dividend of RMB4.12 per preference share, totaling RMB1.648 billion, to be distributed to preference shareholders. The second proposal was an interim profit distribution plan for 2025, which will be presented to the shareholders’ general meeting for approval. These decisions reflect the bank’s commitment to maintaining shareholder value and adhering to regulatory compliance.
The most recent analyst rating on (HK:1288) stock is a Buy with a HK$6.10 price target. To see the full list of analyst forecasts on Agricultural Bank of China stock, see the HK:1288 Stock Forecast page.
More about Agricultural Bank of China
Agricultural Bank of China Limited is a major banking institution in the People’s Republic of China, focusing on providing a wide range of financial services. It operates primarily in the banking industry, offering products such as loans, deposits, and financial management services to a diverse clientele, including individuals, corporations, and government entities.
Average Trading Volume: 130,823,225
Technical Sentiment Signal: Buy
Current Market Cap: HK$2610.6B
See more insights into 1288 stock on TipRanks’ Stock Analysis page.