An update from Longfor Group Holdings ( (HK:0960) ) is now available.
Longfor Group Holdings Limited announced an interim dividend of RMB 0.22 per share for the six months ending June 30, 2024. Shareholders have the option to receive the dividend in cash or convert it into scrip shares at a rate of HKD 10.836 per share. The dividend will be paid in Hong Kong dollars, with a conversion rate of RMB 1 to HKD 1.08448. This announcement reflects Longfor’s financial strategy to provide returns to its shareholders while maintaining flexibility in capital management.
More about Longfor Group Holdings
Longfor Group Holdings Limited operates in the real estate industry, focusing on property development, investment, and management. The company is known for its residential, commercial, and mixed-use properties, primarily targeting the Chinese market.
YTD Price Performance: -9.52%
Average Trading Volume: 21,800
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $9.42B
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