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An update from Guangzhou Rural Commercial Bank Co. Ltd. Class H ( (HK:1551) ) is now available.
Guangzhou Rural Commercial Bank Co., Ltd. announced a proposed final cash dividend of RMB 0.45 per 10 shares for the financial year ending December 31, 2024. The payment date is set for July 25, 2025, with details on the exchange rate and Hong Kong dollar amount to be announced. The announcement includes information on withholding tax rates for non-resident shareholders, which vary based on tax agreements between China and other countries. This dividend declaration reflects the bank’s financial performance and commitment to returning value to its shareholders.
More about Guangzhou Rural Commercial Bank Co. Ltd. Class H
Guangzhou Rural Commercial Bank Co., Ltd. operates in the banking industry, providing a range of financial services primarily focusing on rural and urban commercial banking. The bank serves a diverse clientele, including individuals and businesses, with a strong emphasis on supporting regional economic development.
Technical Sentiment Signal: Buy
Current Market Cap: €2.76B
For a thorough assessment of 1551 stock, go to TipRanks’ Stock Analysis page.