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COSCO SHIPPING Announces Interim Dividend Payout
Company Announcements

COSCO SHIPPING Announces Interim Dividend Payout

COSCO SHIPPING Energy Transportation Co (HK:1138) has released an update.

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COSCO SHIPPING Energy Transportation Co. Ltd. has announced an interim dividend of RMB 0.22 per share for the first half of the financial year ending December 31, 2024, to be paid on December 13, 2024. Shareholders must lodge transfer documents by November 19 to be eligible for the dividend, which will be paid in HKD at an exchange rate of RMB 1 to HKD 1.098998. The company also detailed withholding tax rates of 10% for non-resident enterprise shareholders and 20% for mainland individual investors using Stock Connects with Hong Kong.

For further insights into HK:1138 stock, check out TipRanks’ Stock Analysis page.

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