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Guangdong Yueyun Adjusts 2024 Profit Distribution Plan to Boost Investor Confidence

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Guangdong Yueyun Adjusts 2024 Profit Distribution Plan to Boost Investor Confidence

Confident Investing Starts Here:

Guangdong Yueyun Transportation Co., Ltd. Class H ( (HK:3399) ) has shared an update.

Guangdong Yueyun Transportation Co., Ltd. has announced an adjustment to its 2024 profit distribution plan, proposing a final dividend of RMB0.09 per share. This adjustment aims to align with regulatory measures for strengthening cash dividends and to boost investor confidence. The total cash dividend will amount to RMB71.99 million, representing 30.44% of the consolidated net profit attributable to shareholders. The plan is subject to shareholder approval at the 2024 annual general meeting, with dividends expected to be paid by 30 September 2025.

More about Guangdong Yueyun Transportation Co., Ltd. Class H

Guangdong Yueyun Transportation Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the transportation industry. The company is listed on the Hong Kong Stock Exchange and primarily focuses on providing transportation services.

Average Trading Volume: 546,387

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.27B

See more data about 3399 stock on TipRanks’ Stock Analysis page.

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