Hang Lung Properties Announces Final Dividend with Scrip Option

An update from Hang Lung Properties ( (HK:0101) ) is now available.

Hang Lung Properties Limited announced a final dividend of HKD 0.4 per share for the financial year ending December 31, 2024, with a scrip option allowing shareholders to receive dividends in the form of additional shares. The conversion price for the scrip shares is set at HKD 6.17, and shareholders can opt for this until June 4, 2025. This announcement reflects the company’s commitment to providing shareholder returns and may impact its financial position by offering flexibility in dividend payments.

The most recent analyst rating on (HK:0101) stock is a Hold with a HK$6.30 price target. To see the full list of analyst forecasts on Hang Lung Properties stock, see the HK:0101 Stock Forecast page.

More about Hang Lung Properties

Hang Lung Properties Limited is a prominent player in the real estate industry, primarily engaged in property development, investment, and management. The company focuses on high-quality commercial and residential properties, with a significant presence in Hong Kong and mainland China.

YTD Price Performance: 6.28%

Average Trading Volume: 13,354,043

Technical Sentiment Signal: Sell

Current Market Cap: HK$29.71B

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