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Bank of East Asia Announces Second Interim Dividend with Scrip Option

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Bank of East Asia Announces Second Interim Dividend with Scrip Option

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Bank of East Asia ( (HK:0023) ) has provided an update.

The Bank of East Asia, Limited announced a second interim cash dividend of HKD 0.38 per share for the year ending December 31, 2024, with a scrip option available to shareholders. This strategic move reflects the company’s solid financial performance and aims to enhance shareholder value while providing flexibility in dividend payments.

More about Bank of East Asia

The Bank of East Asia, Limited operates within the financial services industry, providing banking and financial services focused on the Hong Kong market. The company offers various financial products including dated subordinated notes and non-preferred loss-absorbing notes.

YTD Price Performance: 2.38%

Average Trading Volume: 1,238

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.42B

For detailed information about 0023 stock, go to TipRanks’ Stock Analysis page.

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