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China Datang Renewable Power Announces Final Dividend Update for 2024

Story Highlights
  • China Datang Renewable Power updates final dividend for 2024 at RMB 0.06 per share.
  • The announcement clarifies withholding tax rates affecting overseas shareholders’ dividends.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Datang Renewable Power Announces Final Dividend Update for 2024

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China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ) has provided an announcement.

China Datang Corporation Renewable Power Co., Limited has announced an update regarding its final cash dividend for the year ended December 31, 2024. The dividend is set at RMB 0.06 per share, with an exchange rate of RMB 1 to HKD 1.095, resulting in a payment of HKD 0.066 per share. The ex-dividend date is July 7, 2025, and the payment date is August 26, 2025. The announcement also details the withholding tax rates applicable to different categories of non-resident shareholders, which could impact the net dividend received by stakeholders. This update reflects the company’s commitment to shareholder returns and provides clarity on the financial implications for overseas investors.

The most recent analyst rating on (HK:1798) stock is a Hold with a HK$1.95 price target. To see the full list of analyst forecasts on China Datang Corp. Renewable Power Co. Ltd. Class H stock, see the HK:1798 Stock Forecast page.

More about China Datang Corp. Renewable Power Co. Ltd. Class H

China Datang Corporation Renewable Power Co., Limited operates in the renewable energy sector, focusing on the generation of power from renewable sources. The company is primarily engaged in the development and operation of wind and solar power projects, contributing to the sustainable energy market.

Average Trading Volume: 8,858,765

Technical Sentiment Signal: Buy

Current Market Cap: HK$17.31B

See more data about 1798 stock on TipRanks’ Stock Analysis page.

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