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Hisense Adjusts Dividend Rate Amid Exchange Fluctuations
Company Announcements

Hisense Adjusts Dividend Rate Amid Exchange Fluctuations

Hisense Home Appliances Group Co (HK:0921) has released an update.

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Hisense Home Appliances Group Co., Ltd. has announced an adjustment to the dividend payout rate for H Shares due to exchange rate stabilization measures by the People’s Bank of China. The new dividend per 10 H Shares has been recalculated using the average bank sell rate, resulting in a payment of HK$10.87003 (tax inclusive), with the payment date set for on or around 15 August 2024. This adjustment aligns with PRC laws and is aimed at reflecting the market price more accurately and protecting the interests of the company and its shareholders.

For further insights into HK:0921 stock, check out TipRanks’ Stock Analysis page.

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