China CITIC Bank ( (HK:0998) ) has shared an update.
China CITIC Bank Corporation Limited announced a final cash dividend for the year ending December 31, 2024, set at RMB 1.722 per 10 shares. The dividend will be paid on August 15, 2025, with shareholders having the option to receive the dividend in Hong Kong dollars, with the exchange rate to be announced. The announcement also details the withholding tax rates applicable to non-resident shareholders, which vary based on tax agreements between China and other countries. This dividend declaration reflects the bank’s financial performance and commitment to returning value to its shareholders, potentially enhancing its market position and investor confidence.
More about China CITIC Bank
China CITIC Bank Corporation Limited operates in the financial services industry, primarily offering banking services and products. It focuses on providing a range of financial solutions to its clients, including personal and corporate banking services, with a significant presence in the Chinese market.
YTD Price Performance: 19.40%
Average Trading Volume: 11,077
Technical Sentiment Signal: Sell
Current Market Cap: $52.73B
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