China CITIC Bank Announces Final Dividend for 2024

China CITIC Bank ( (HK:0998) ) has provided an update.

China CITIC Bank Corporation Limited announced an update on its final dividend for the year ended 31 December 2024, declaring a dividend of RMB 1.722 per 10 shares. The dividend will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.093857, with shareholders having the option to receive the dividend in RMB. The payment date is set for 15 August 2025, and non-resident shareholders are subject to a withholding tax, with rates varying based on tax agreements between China and the shareholders’ countries of residence. This announcement reflects the bank’s ongoing commitment to returning value to its shareholders and may influence its market positioning by showcasing financial stability.

The most recent analyst rating on (HK:0998) stock is a Buy with a HK$6.10 price target. To see the full list of analyst forecasts on China CITIC Bank stock, see the HK:0998 Stock Forecast page.

More about China CITIC Bank

China CITIC Bank Corporation Limited operates in the financial services industry, primarily offering banking services. The company focuses on providing a wide range of financial products and services to both individual and corporate clients, with a significant presence in the Chinese market.

Average Trading Volume: 47,417,598

Technical Sentiment Signal: Buy

Current Market Cap: HK$500.6B

For detailed information about 0998 stock, go to TipRanks’ Stock Analysis page.