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Bank of China ( (HK:3988) ) just unveiled an announcement.
Bank of China Limited has announced the approval and details of its dividend distribution plan for its Domestic Preference Shares (Third Tranche). The plan, approved by the Board of Directors, outlines the dividend period from June 2024 to June 2025, with a total cash dividend of RMB2.5404 billion to be distributed to shareholders. This move reflects the bank’s commitment to providing returns to its investors and may enhance its attractiveness to stakeholders by demonstrating financial stability and shareholder value.
The most recent analyst rating on (HK:3988) stock is a Buy with a HK$4.20 price target. To see the full list of analyst forecasts on Bank of China stock, see the HK:3988 Stock Forecast page.
More about Bank of China
Bank of China Limited is a major financial institution incorporated in the People’s Republic of China, operating in the banking industry. It provides a wide range of financial services, including corporate banking, personal banking, and financial markets services, with a significant focus on both domestic and international markets.
Average Trading Volume: 362,306,878
Technical Sentiment Signal: Buy
Current Market Cap: HK$1649.9B
Learn more about 3988 stock on TipRanks’ Stock Analysis page.