tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ICBC Announces Dividend Distribution for USD Offshore Preference Shares

Story Highlights
ICBC Announces Dividend Distribution for USD Offshore Preference Shares

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Industrial and Commercial Bank of China ( (HK:1398) ) just unveiled an update.

Industrial and Commercial Bank of China Limited announced the approval and details of its dividend distribution plan for USD Offshore Preference Shares, with a total distribution amount of approximately USD115.36 million. The dividend rate is set at 3.58% post-tax, and the distribution will occur on 23 September 2025, with a 10% enterprise income tax withheld by the bank, impacting stakeholders by ensuring a structured return on investment.

The most recent analyst rating on (HK:1398) stock is a Buy with a HK$7.20 price target. To see the full list of analyst forecasts on Industrial and Commercial Bank of China stock, see the HK:1398 Stock Forecast page.

More about Industrial and Commercial Bank of China

Industrial and Commercial Bank of China Limited is a joint stock limited company incorporated in the People’s Republic of China. It operates in the banking industry, focusing on providing a range of financial services, including the issuance of preference shares.

Average Trading Volume: 247,715,128

Technical Sentiment Signal: Buy

Current Market Cap: HK$2675.7B

For an in-depth examination of 1398 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1