Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
COSCO SHIPPING Energy Transportation Co ( (HK:1138) ) has provided an announcement.
COSCO SHIPPING Energy Transportation Co., Ltd. announced an update to its final dividend for the year ended 31 December 2024, with a declared amount of RMB 0.21 per share. The dividend will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.09655, with a payment date set for 29 August 2025. This announcement highlights the company’s commitment to returning value to its shareholders and may impact investor sentiment positively. The company also detailed the withholding tax arrangements for different categories of shareholders, which is crucial for investors to understand their tax obligations.
The most recent analyst rating on (HK:1138) stock is a Buy with a HK$11.10 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.
More about COSCO SHIPPING Energy Transportation Co
COSCO SHIPPING Energy Transportation Co., Ltd. operates in the shipping industry, focusing on the transportation of energy products. The company is a key player in the maritime transport sector, providing services primarily related to the shipping of oil and gas.
YTD Price Performance: 5.79%
Average Trading Volume: 27,623,408
Technical Sentiment Signal: Buy
Current Market Cap: HK$47.72B
For a thorough assessment of 1138 stock, go to TipRanks’ Stock Analysis page.