China Telecom Updates Final Dividend Details for 2024

China Telecom ( (HK:0728) ) has provided an announcement.

China Telecom has announced an update regarding its final cash dividend for the year ending December 31, 2024. The dividend, declared at RMB 0.0927 per share, will be paid in Hong Kong dollars at a rate of HKD 0.100637 per share, with an exchange rate of RMB 1 to HKD 1.085618. The payment is scheduled for July 18, 2025, following shareholder approval on May 21, 2025. The announcement also outlines the withholding tax rates applicable to non-resident shareholders, which vary depending on the tax treaties between the shareholders’ countries of domicile and China. This update reflects China Telecom’s commitment to providing returns to its shareholders while navigating the complexities of international tax regulations.

The most recent analyst rating on (HK:0728) stock is a Buy with a HK$6.20 price target. To see the full list of analyst forecasts on China Telecom stock, see the HK:0728 Stock Forecast page.

More about China Telecom

China Telecom Corporation Limited is a major player in the telecommunications industry, primarily offering a wide range of telecommunications services including mobile, broadband, and fixed-line services. The company focuses on providing comprehensive communication solutions to both individual consumers and businesses, positioning itself as a leading service provider in the Chinese market and beyond.

Average Trading Volume: 90,942,626

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$733.2B

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