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An update from First Tractor Co ( (HK:0038) ) is now available.
First Tractor Co. announced an update regarding its 2025 interim dividend, detailing the currency, exchange rate, and withholding tax implications for shareholders. The dividend will be paid in Hong Kong dollars at a rate of HKD 0.075 per share, with specific tax arrangements for different types of shareholders, including a 10% withholding tax for non-resident enterprises and a 20% tax for Mainland individual investors. This announcement underscores the company’s commitment to shareholder returns while navigating complex tax regulations, potentially impacting investor relations and market positioning.
The most recent analyst rating on (HK:0038) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on First Tractor Co stock, see the HK:0038 Stock Forecast page.
More about First Tractor Co
First Tractor Co. operates in the agricultural machinery industry, focusing on the production and distribution of tractors and related equipment. The company primarily serves the agricultural sector, providing essential machinery for farming operations.
YTD Price Performance: 12.02%
Average Trading Volume: 4,657,550
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$13.48B
See more data about 0038 stock on TipRanks’ Stock Analysis page.