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Kinetic Development Group Announces Phased Dividend Payment

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Kinetic Development Group Announces Phased Dividend Payment

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Kinetic Mines & Energy Ltd. ( (HK:1277) ) has issued an announcement.

Kinetic Development Group Limited has announced an update regarding its final cash dividend for the year ended December 31, 2024. The company will distribute a final dividend of HKD 0.015 per share, approved at the annual general meeting on May 20, 2025. Due to the need for additional time to transfer funds from domestic to overseas accounts, the dividend will be paid in three installments on June 13, July 31, and August 29, 2025. This phased payment approach reflects the company’s operational adjustments to manage its financial obligations effectively.

More about Kinetic Mines & Energy Ltd.

Average Trading Volume: 11,595,905

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$9.78B

For detailed information about 1277 stock, go to TipRanks’ Stock Analysis page.

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