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JL MAG Rare-Earth Co., Ltd. Class H ( (HK:6680) ) has shared an announcement.
JL MAG Rare-Earth Co., Ltd. has announced an update regarding its final cash dividend for the year ended December 31, 2024. The company declared a dividend of RMB 1.2 per 10 shares, with shareholders’ approval set for May 28, 2025. The ex-dividend date is June 4, 2025, and the book closure period will run from June 6 to June 11, 2025. The payment date and the Hong Kong dollar equivalent of the dividend are yet to be announced. The announcement also details the withholding tax rates applicable to non-resident shareholders, which are set at 10% for both enterprise and individual shareholders, with provisions for tax treaty benefits where applicable. This update reflects the company’s commitment to shareholder returns and provides clarity on the tax implications for 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. The company is known for its involvement in the manufacturing of high-performance rare-earth permanent magnets, which are crucial components in various high-tech applications, including electronics, automotive, and renewable energy sectors.
Average Trading Volume: 14,739,241
Technical Sentiment Signal: Buy
Current Market Cap: HK$30.44B
See more insights into 6680 stock on TipRanks’ Stock Analysis page.