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Hong Kong Exchanges & Clearing ( (HK:0388) ) just unveiled an update.
Hong Kong Exchanges and Clearing Limited (HKEX) has reminded shareholders that, under its Articles of Association, any dividend left unclaimed for six years will be forfeited and revert to the company. This provision applies to the second interim dividend for 2019 of HK$2.99 per share, which was payable on 15 April 2020 and will be forfeited if it remains unclaimed as of 15 April 2026.
The announcement signals that unresponsive shareholders risk losing entitlement to historical payouts, effectively reducing HKEX’s outstanding dividend obligations over time. HKEX has urged eligible investors who have not yet received or claimed dividends payable since April 2020 to contact its share registrar, Computershare Hong Kong Investor Services Limited, to regularize their entitlements before the forfeiture deadline.
The most recent analyst rating on (HK:0388) stock is a Buy with a HK$540.00 price target. To see the full list of analyst forecasts on Hong Kong Exchanges & Clearing stock, see the HK:0388 Stock Forecast page.
More about Hong Kong Exchanges & Clearing
Hong Kong Exchanges and Clearing Limited (HKEX) operates Hong Kong’s stock and derivatives exchanges and related clearing houses, acting as a central marketplace for securities trading and post-trade services. The group plays a core role in Hong Kong’s financial infrastructure and capital markets, with its shares listed on the Main Board of the Stock Exchange of Hong Kong.
Average Trading Volume: 4,327,338
Technical Sentiment Signal: Buy
Current Market Cap: HK$523.4B
See more data about 0388 stock on TipRanks’ Stock Analysis page.