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Longfor Group Holdings ( (HK:0960) ) just unveiled an update.
Longfor Group Holdings has updated details of its interim dividend for the six months ended 30 June 2025, confirming an ordinary distribution of RMB 0.07 per share, with shareholders able to receive the payout in cash or elect scrip shares. The company set the ex-dividend date for 16 March 2026, the record date for 20 March 2026 and the payment date for 30 April 2026, while clarifying that fractional scrip entitlements will be disregarded and benefit the company, and that the dividend will be paid in Hong Kong dollars at HKD 0.0794 per share based on a specified exchange rate.
Investors may partially elect to receive scrip shares, with the election deadline set for 22 April 2026, and trading of the new scrip shares scheduled to begin on 4 May 2026, providing flexibility for shareholders to adjust their mix of income and equity exposure. The updated timetable and mechanics of the scrip option indicate Longfor’s continued use of share-based distributions to preserve cash while still rewarding shareholders, a relevant consideration for stakeholders tracking liquidity and capital structure in the property sector.
The most recent analyst rating on (HK:0960) stock is a Buy with a HK$11.40 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 operating primarily in mainland China, focusing on residential and commercial real estate projects. The company generates shareholder returns through regular dividend distributions, reflecting its cash-flow management and capital allocation priorities in a cyclical property market.
YTD Price Performance: -8.66%
Average Trading Volume: 18,551,938
Technical Sentiment Signal: Sell
Current Market Cap: HK$53.21B
Learn more about 0960 stock on TipRanks’ Stock Analysis page.