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Beijing Urban Construction Design & Development Grp Co., Ltd Class H ( (HK:1599) ) just unveiled an update.
Beijing Urban Construction Design & Development Group Co., Limited has announced an update regarding its final cash dividend for the year ended December 31, 2024. The dividend, amounting to RMB 0.1077 per share, will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.092825, equating to HKD 0.117697 per share. The payment is scheduled for August 28, 2025, with specific tax implications for non-resident enterprise shareholders, who will face a 10% withholding tax as per Chinese regulations. This announcement reflects the company’s commitment to returning value to its shareholders and may impact its financial positioning and stakeholder relations.
More about Beijing Urban Construction Design & Development Grp Co., Ltd Class H
Beijing Urban Construction Design & Development Group Co., Limited operates in the construction and urban development industry, focusing on design and development services. The company is involved in various infrastructure projects, contributing to urban planning and construction efforts.
YTD Price Performance: -12.68%
Average Trading Volume: 428,709
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.85B
Find detailed analytics on 1599 stock on TipRanks’ Stock Analysis page.