tiprankstipranks
Trending News
More News >

COSCO SHIPPING Ports Announces Second Interim Dividend with Scrip Option

Story Highlights

Confident Investing Starts Here:

COSCO SHIPPING Ports ( (HK:1199) ) just unveiled an update.

COSCO SHIPPING Ports Limited announced an update regarding its second interim dividend for the year ending December 31, 2024. The dividend, set at HKD 0.142 per share, offers shareholders a scrip option at a conversion price of HKD 4 per share. This announcement reflects the company’s commitment to providing value to its shareholders and may impact its financial positioning and stakeholder relations.

The most recent analyst rating on (HK:1199) stock is a Buy with a HK$5.90 price target. To see the full list of analyst forecasts on COSCO SHIPPING Ports stock, see the HK:1199 Stock Forecast page.

More about COSCO SHIPPING Ports

COSCO SHIPPING Ports Limited, incorporated in Bermuda, operates in the shipping and ports industry. The company focuses on port operations and related services, playing a significant role in global trade logistics.

Average Trading Volume: 9,266,659

Technical Sentiment Signal: Hold

Current Market Cap: HK$16.44B

For a thorough assessment of 1199 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App