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Longfor Group Announces Final Dividend with Scrip Option for 2024

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Longfor Group Announces Final Dividend with Scrip Option for 2024

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Longfor Group Holdings ( (HK:0960) ) has issued an update.

Longfor Group Holdings Limited announced a final cash dividend of RMB 0.1 per share for the financial year ending December 31, 2024, with an option for shareholders to receive scrip shares. The dividend payment will be made in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.09398, with the payment date set for September 26, 2025. This announcement reflects the company’s ongoing commitment to providing shareholder value and may influence investor sentiment positively.

The most recent analyst rating on (HK:0960) stock is a Hold with a HK$10.30 price target. To see the full list of analyst forecasts on Longfor Group Holdings stock, see the HK:0960 Stock Forecast page.

More about Longfor Group Holdings

Longfor Group Holdings Limited operates in the real estate industry, primarily focusing on property development, investment, and management. The company is known for its residential, commercial, and mixed-use properties, with a significant market presence in China.

Average Trading Volume: 24,084,785

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$67.77B

Find detailed analytics on 0960 stock on TipRanks’ Stock Analysis page.

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