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COSCO SHIPPING Development Co ( (HK:2866) ) has shared an announcement.
COSCO SHIPPING Development Co., Ltd. announced an update to its final cash dividend for the year ended December 31, 2024, with a declared dividend of RMB 0.019 per share, payable in HKD at an exchange rate of RMB 1 to HKD 1.094942. The announcement outlines the tax implications for different types of shareholders, including a 10% withholding tax for non-resident enterprises and a 20% tax for mainland individual investors. This update reflects the company’s commitment to shareholder returns and provides clarity on the financial implications for investors, particularly those engaging through the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs.
More about COSCO SHIPPING Development Co
COSCO SHIPPING Development Co., Ltd. operates in the shipping and logistics industry, focusing on providing shipping services and related financial solutions. The company is a significant player in the global shipping market, leveraging its extensive fleet and strategic partnerships to enhance its service offerings.
Average Trading Volume: 41,455,234
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$30.2B
Learn more about 2866 stock on TipRanks’ Stock Analysis page.