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China Cinda Updates Final Dividend Details for 2024

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China Cinda Updates Final Dividend Details for 2024

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China Cinda Asset Management Co ( (HK:1359) ) has issued an announcement.

China Cinda Asset Management Co., Ltd. announced an update on its final dividend for the year ended December 31, 2024. The company declared a dividend of RMB 0.2387 per 10 shares, to be paid in Hong Kong dollars at a rate of HKD 0.26157 per 10 shares. The ex-dividend date is set for July 3, 2025, with payment scheduled for August 22, 2025. The announcement also detailed the withholding tax rates applicable to different types of shareholders, including non-resident individuals and enterprises, as well as domestic investors through the Stock Connect Program. This update reflects the company’s ongoing commitment to shareholder returns and may impact its financial positioning and investor relations.

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. operates in the financial services industry, primarily focusing on asset management. The company is known for managing distressed assets and providing financial solutions, with a market focus on both domestic and international stakeholders.

YTD Price Performance: 7.87%

Average Trading Volume: 156,299,604

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$52.29B

For an in-depth examination of 1359 stock, go to TipRanks’ Overview page.

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