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China Cinda Asset Management Co ( (HK:1359) ) just unveiled an update.
China Cinda Asset Management Co., Ltd. has announced the distribution of dividends for its offshore preference shares, with a dividend period from November 3, 2024, to November 3, 2025. The dividend distribution plan, approved by the board, includes a total payout of US$83,111,111.11, with US$74,800,000.00 going to shareholders and the remaining amount covering tax obligations. This move reflects the company’s commitment to its stakeholders and could enhance its market position by demonstrating financial stability and shareholder value.
The most recent analyst rating on (HK:1359) stock is a Hold with a HK$0.65 price target. To see the full list of analyst forecasts on China Cinda Asset Management Co stock, see the HK:1359 Stock Forecast page.
More about China Cinda Asset Management Co
China Cinda Asset Management Co., Ltd. is a financial services company based in the People’s Republic of China. It specializes in asset management and financial services, focusing on managing distressed assets and providing financial solutions to its clients.
Average Trading Volume: 227,642,661
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$62.59B
For a thorough assessment of 1359 stock, go to TipRanks’ Stock Analysis page.