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ICBC Announces Final Cash Dividend for 2024

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ICBC Announces Final Cash Dividend for 2024

Confident Investing Starts Here:

Industrial and Commercial Bank of China ( (HK:1398) ) has shared an announcement.

The Industrial and Commercial Bank of China has announced a final cash dividend for the year ending December 31, 2024, with shareholders having the option to receive the dividend in Hong Kong dollars or Renminbi. The dividend will be paid on August 22, 2025, and the bank will withhold a 10% tax for non-resident enterprise and individual shareholders, as per PRC tax regulations. This announcement reflects the bank’s commitment to returning value to its shareholders while adhering to regulatory tax obligations.

The most recent analyst rating on (HK:1398) stock is a Hold with a HK$4.80 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 operates in the financial services industry, offering a range of banking products and services. It focuses on providing comprehensive financial solutions to both individual and corporate clients, with a significant presence in the Chinese and international markets.

Average Trading Volume: 291,372,288

Technical Sentiment Signal: Buy

Current Market Cap: HK$2823.3B

See more data about 1398 stock on TipRanks’ Stock Analysis page.

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