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An announcement from China Merchants Bank Co ( (HK:3968) ) is now available.
China Merchants Bank Co., Ltd. has announced an update to its final cash dividend for the year ended December 31, 2024. The dividend, approved on June 25, 2025, will be paid at a rate of RMB 2 per share, with the default payment currency set to HKD 2.189861 per share, reflecting an exchange rate of RMB 1 to HKD 1.09493. The ex-dividend date is set for July 3, 2025, with the payment date scheduled for July 30, 2025. The announcement also details the withholding tax rates applicable to different categories of shareholders, which range from 10% to 20% depending on residency and trading status. This update is crucial for stakeholders as it outlines the financial implications and tax considerations associated with the dividend distribution.
The most recent analyst rating on (HK:3968) stock is a Buy with a HK$38.58 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. operates in the financial services industry, primarily offering banking services. It is focused on providing comprehensive financial solutions and has a significant presence in the Chinese market.
Average Trading Volume: 21,157,705
Technical Sentiment Signal: Buy
Current Market Cap: HK$1330.3B
See more data about 3968 stock on TipRanks’ Stock Analysis page.