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Laopu Gold Co., Ltd. Proposes New Dividend Policy for Stable Shareholder Returns

Story Highlights
  • Laopu Gold Co., Ltd. announces a new dividend policy for stable shareholder returns.
  • The policy proposes semi-annual dividends, subject to shareholder approval and board assessment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Laopu Gold Co., Ltd. Proposes New Dividend Policy for Stable Shareholder Returns

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The latest announcement is out from Laopu Gold Co. Ltd. Class H ( (HK:6181) ).

Laopu Gold Co., Ltd. has announced the approval of a new dividend policy aimed at providing stable returns to shareholders. The policy proposes distributing dividends twice a year, amounting to 50% of accumulated undistributed profits, and emphasizes the importance of balancing shareholder expectations with prudent capital management. The implementation of this policy is subject to shareholder approval and ongoing assessment by the board to ensure alignment with the company’s interests and compliance with applicable laws.

The most recent analyst rating on (HK:6181) stock is a Hold with a HK$798.00 price target. To see the full list of analyst forecasts on Laopu Gold Co. Ltd. Class H stock, see the HK:6181 Stock Forecast page.

More about Laopu Gold Co. Ltd. Class H

Laopu Gold Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the gold industry. The company focuses on providing stable and reasonable returns to its shareholders through prudent capital management and a sustainable dividend policy.

Average Trading Volume: 1,457,611

Technical Sentiment Signal: Buy

Current Market Cap: HK$134.7B

See more data about 6181 stock on TipRanks’ Stock Analysis page.

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