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Bank of East Asia ( (HK:0023) ) has shared an update.
The Bank of East Asia, Limited announced a second interim cash dividend of HKD 0.38 per share for the financial year ending December 31, 2024, with a scrip option allowing shareholders to convert their dividends into shares at a price of HKD 11.732 per share. This announcement reflects the bank’s ongoing commitment to providing shareholder returns and may impact its market positioning by offering flexible dividend options, potentially enhancing shareholder value and engagement.
More about Bank of East Asia
The Bank of East Asia, Limited operates in the financial services industry, offering a range of banking products and services. It is focused on providing comprehensive banking solutions, including retail banking, corporate banking, wealth management, and investment services, primarily in Hong Kong and mainland China.
YTD Price Performance: 25.61%
Average Trading Volume: 1,111
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.06B
For an in-depth examination of 0023 stock, go to TipRanks’ Stock Analysis page.