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JL MAG Rare-Earth Co., Ltd. Declares Final Cash Dividend for 2024

Story Highlights
  • JL MAG Rare-Earth Co., Ltd. announces a final cash dividend of RMB 1.2 per 10 shares.
  • Dividend distribution is subject to withholding tax, affecting international investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JL MAG Rare-Earth Co., Ltd. Declares Final Cash Dividend for 2024

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JL MAG Rare-Earth Co., Ltd. Class H ( (HK:6680) ) has shared an update.

JL MAG Rare-Earth Co., Ltd. has announced a final cash dividend of RMB 1.2 per 10 shares for the financial year ending December 31, 2024. This announcement reflects the company’s financial health and commitment to returning value to shareholders. The dividend distribution is subject to withholding tax regulations, with specific rates applicable based on the residency of shareholders, which may impact the net dividend received by international investors.

More about JL MAG Rare-Earth Co., Ltd. Class H

JL MAG Rare-Earth Co., Ltd. operates in the rare-earth industry, focusing on the production and supply of rare-earth materials. These materials are critical for various high-tech applications, including electronics, renewable energy, and automotive industries.

YTD Price Performance: 69.01%

Average Trading Volume: 9,516,066

Technical Sentiment Signal: Sell

Current Market Cap: HK$27.48B

Learn more about 6680 stock on TipRanks’ Stock Analysis page.

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