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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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An update from Kinetic Mines & Energy Ltd. ( (HK:1277) ) is now available.

Kinetic Development Group Limited has announced an update regarding the payment of its final dividend for the year ended December 31, 2024. The company will distribute the dividend of HKD 0.045 per share in three phases due to the need for additional time to transfer funds from domestic to overseas accounts. The payments will be made on June 13, July 31, and August 29, 2025. This phased approach to dividend distribution may impact shareholders’ cash flow expectations and reflects the company’s operational adjustments in managing its financial resources.

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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