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Jiangsu Expressway Co ( (HK:0177) ) has shared an announcement.
Jiangsu Expressway Company Limited has announced a cash dividend of RMB 0.49 per share for the financial year ending December 31, 2024, with the payment date set for July 30, 2025. The dividend will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.09524, amounting to HKD 0.5367 per share. The announcement also details the withholding tax rates applicable to non-resident enterprise shareholders and domestic individual investors, which are 10% and 20% respectively. This dividend announcement reflects the company’s ongoing commitment to returning value to its shareholders and may influence investor sentiment positively.
The most recent analyst rating on (HK:0177) stock is a Buy with a HK$12.00 price target. To see the full list of analyst forecasts on Jiangsu Expressway Co stock, see the HK:0177 Stock Forecast page.
More about Jiangsu Expressway Co
Jiangsu Expressway Company Limited operates in the infrastructure industry, primarily focusing on the development, operation, and management of expressways and toll roads in China. The company plays a significant role in facilitating transportation and logistics within the Jiangsu province and beyond, contributing to regional economic development.
YTD Price Performance: 29.37%
Average Trading Volume: 5,882,728
Technical Sentiment Signal: Buy
Current Market Cap: HK$77.95B
For detailed information about 0177 stock, go to TipRanks’ Stock Analysis page.