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China Merchants Bank Announces Dividend Distribution for Preference Shares

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China Merchants Bank Announces Dividend Distribution for Preference Shares

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An update from China Merchants Bank Co ( (HK:3968) ) is now available.

China Merchants Bank Co., Ltd. has announced the implementation of its dividend distribution plan for domestic preference shares, with a declared cash dividend of RMB3.62 per share, totaling RMB995.5 million. This decision, approved by the board of directors, reflects the company’s commitment to delivering value to its shareholders and maintaining a robust financial strategy, potentially impacting its market positioning and stakeholder relations positively.

The most recent analyst rating on (HK:3968) stock is a Buy with a HK$60.00 price target. To see the full list of analyst forecasts on China Merchants Bank Co stock, see the HK:3968 Stock Forecast page.

More about China Merchants Bank Co

China Merchants Bank Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the banking industry. It provides a range of financial services, including corporate and personal banking, and has a significant presence in both domestic and international markets.

Average Trading Volume: 17,700,600

Technical Sentiment Signal: Buy

Current Market Cap: HK$1223B

For a thorough assessment of 3968 stock, go to TipRanks’ Stock Analysis page.

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