tiprankstipranks

First Tractor Co. Updates Final Dividend Details for 2024

Story Highlights
First Tractor Co. Updates Final Dividend Details for 2024

Don’t Miss TipRanks’ Half-Year Sale

An update from First Tractor Co ( (HK:0038) ) is now available.

First Tractor Company Limited has announced an update regarding its final dividend for the year ended 31 December 2024. The update includes changes to the default currency and amount of the dividend, exchange rate, payment date, and details of withholding tax. The dividend is set at RMB 0.2995 per share, with a payment date of 18 July 2025. The company has outlined specific withholding tax rates for different types of shareholders, which will impact how dividends are distributed to both resident and non-resident investors. This announcement is significant as it reflects the company’s commitment to maintaining shareholder value and provides clarity on the tax implications for various investor groups.

More about First Tractor Co

First Tractor Company Limited operates in the agricultural machinery industry, primarily focusing on the manufacture and sale of tractors and related equipment. The company serves a market that includes both domestic and international stakeholders, leveraging its position to address the needs of agricultural producers.

Average Trading Volume: 6,949,817

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$13.28B

For an in-depth examination of 0038 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
1