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Bank of China ( (HK:3988) ) has shared an update.
Bank of China Limited has announced the approval and upcoming distribution of dividends for its Domestic Preference Shares (Fourth Tranche). The dividend distribution, approved by the Board of Directors, will see a cash dividend of RMB3.27 per preference share, amounting to a total of RMB0.8829 billion before tax. This move reflects the bank’s commitment to providing returns to its shareholders and could strengthen its market position by showcasing financial stability and shareholder value.
The most recent analyst rating on (HK:3988) stock is a Buy with a HK$5.50 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. It operates in the banking industry, providing a range of financial services including corporate banking, personal banking, and financial market services. The bank is focused on both domestic and international markets, with a significant presence in the Chinese financial sector.
Average Trading Volume: 318,967,060
Technical Sentiment Signal: Buy
Current Market Cap: HK$1639.7B
Learn more about 3988 stock on TipRanks’ Stock Analysis page.