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The latest update is out from Dongfang Electric ( (HK:1072) ).
Dongfang Electric Corporation Limited has announced an update regarding its final cash dividend for the year ended 31 December 2024. The dividend, declared at RMB 4.03 per 10 shares, will be paid in Hong Kong dollars at a rate of HKD 4.409316 per 10 shares. The ex-dividend date is set for 8 July 2025, with the record date on 15 July 2025 and payment scheduled for 22 August 2025. The announcement also details the withholding tax rates applicable to non-resident shareholders, which vary depending on the existence of tax treaties with the PRC. This update is significant for stakeholders as it outlines the financial benefits and tax implications for shareholders, reflecting the company’s commitment to shareholder returns.
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 operates in the energy equipment manufacturing industry, specializing in the production of power generation equipment and services. The company focuses on providing solutions for thermal, hydro, nuclear, and wind power generation, catering to both domestic and international markets.
Average Trading Volume: 4,216,501
Technical Sentiment Signal: Buy
Current Market Cap: HK$59.3B
Find detailed analytics on 1072 stock on TipRanks’ Stock Analysis page.