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Bank of Communications Announces 2024 Profit Distribution Plan

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Bank of Communications Announces 2024 Profit Distribution Plan

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Bank of Communications Co ( (HK:3328) ) has provided an update.

Bank of Communications Co., Ltd. has announced its annual profit distribution plan for 2024, proposing a cash dividend of RMB0.197 per share, totaling RMB14.630 billion, based on its share capital as of December 31, 2024. The plan is subject to approval at the bank’s extraordinary general meeting in April 2025, with the distribution expected to be completed within two months post-approval. Adjustments to the dividend per share will be made if there are changes in the total share capital due to various financial activities before the record date.

More about Bank of Communications Co

Bank of Communications Co., Ltd. is a major financial institution in China, providing a wide range of banking services. It operates in the financial sector, focusing on both retail and corporate banking services, and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: 14.68%

Average Trading Volume: 25,992

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $71.04B

Find detailed analytics on 3328 stock on TipRanks’ Stock Analysis page.

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