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The latest update is out from China Everbright Bank Co ( (HK:6818) ).
China Everbright Bank Co. has announced a final ordinary cash dividend of RMB 0.85 per 10 shares for the financial year ending December 31, 2024. This dividend will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.09544623, with the payment date set for August 15, 2025. The announcement includes details on withholding tax rates applicable to non-resident shareholders, highlighting a 10% tax rate for both enterprise and individual shareholders registered outside of China. This decision reflects the company’s commitment to returning value to its shareholders while adhering to international tax agreements.
The most recent analyst rating on (HK:6818) stock is a Hold with a HK$2.40 price target. To see the full list of analyst forecasts on China Everbright Bank Co stock, see the HK:6818 Stock Forecast page.
More about China Everbright Bank Co
China Everbright Bank Co. is a financial institution operating in the banking industry, providing a range of banking services and products. The company focuses on serving both individual and enterprise clients, with a significant presence in the Chinese market.
Average Trading Volume: 21,024,995
Technical Sentiment Signal: Buy
Current Market Cap: HK$266.5B
Learn more about 6818 stock on TipRanks’ Stock Analysis page.