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Dongfang Electric ( (HK:1072) ) just unveiled an update.
Dongfang Electric Corporation Limited has announced an update to its final cash dividend for the year ended December 31, 2024, with a declared dividend of RMB 4.03 per 10 shares. The payment, approved on June 24, 2025, will be made in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.094123, with a payment date set for August 22, 2025. The announcement includes details on withholding tax rates applicable to non-resident shareholders, which are set at 10% for both enterprise and individual non-residents, with a higher rate of 20% for residents of countries without a tax treaty with China. This update reflects the company’s commitment to transparent shareholder communication and may impact investor relations and market perception.
The most recent analyst rating on (HK:1072) stock is a Hold with a HK$12.30 price target. To see the full list of analyst forecasts on Dongfang Electric stock, see the HK:1072 Stock Forecast page.
More about Dongfang Electric
Dongfang Electric Corporation Limited is a prominent company in the energy equipment manufacturing industry, primarily focusing on the production of power generation equipment and environmental protection equipment. The company serves a global market with a strong emphasis on innovation and sustainable energy solutions.
Average Trading Volume: 4,461,185
Technical Sentiment Signal: Buy
Current Market Cap: HK$58.17B
See more insights into 1072 stock on TipRanks’ Stock Analysis page.