Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Longfor Group Holdings ( (HK:0960) ) has shared an announcement.
Longfor Group Holdings has updated details of its interim dividend for the six months ended 30 June 2025, confirming a payout of RMB 0.07 per share, with the default payment to Hong Kong shareholders set at HKD 0.0794 per share based on an exchange rate of RMB 1 to HKD 1.13449. The company will offer a cash dividend with a scrip share option, allowing partial election into shares, with key dates including an ex-dividend date of 16 March 2026, a record date of 20 March 2026, and payment and scrip share certificate despatch on 30 April 2026, providing shareholders with flexibility in how they receive their returns.
Option elections must be submitted by 22 April 2026, with trading in the new scrip shares commencing on 4 May 2026, indicating the company’s continued use of scrip alternatives to preserve cash while maintaining shareholder engagement. The announcement, which primarily updates the Hong Kong dollar amount and exchange rate for the dividend, clarifies the timetable and mechanics of the distribution, giving investors greater certainty on expected income and reinforcing Longfor’s commitment to interim shareholder payouts despite a challenging environment for China’s property sector.
The most recent analyst rating on (HK:0960) stock is a Hold with a HK$10.00 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 is a Hong Kong-listed property developer and operator, primarily engaged in real estate development and related investment activities in mainland China. The company focuses on residential and commercial projects and provides returns to shareholders through regular dividend distributions linked to its interim and annual financial performance.
Average Trading Volume: 18,087,531
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$63.92B
Find detailed analytics on 0960 stock on TipRanks’ Stock Analysis page.