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Midea Group Co. Ltd. Class H ( (HK:0300) ) has issued an update.
Midea Group Co., Ltd. has announced a proposed distribution of a final cash dividend for the year ending December 31, 2024. The dividend, amounting to RMB 35 per 10 shares, will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.089909, with a payment date set for July 30, 2025. This announcement reflects Midea’s financial performance and commitment to delivering shareholder value, potentially impacting investor sentiment positively.
The most recent analyst rating on (HK:0300) stock is a Buy with a HK$101.00 price target. To see the full list of analyst forecasts on Midea Group Co. Ltd. Class H stock, see the HK:0300 Stock Forecast page.
More about Midea Group Co. Ltd. Class H
Midea Group Co., Ltd. operates in the home appliances industry, focusing on the production and distribution of consumer electronics and appliances. The company is known for its wide range of products, including air conditioners, refrigerators, washing machines, and kitchen appliances, catering to both domestic and international markets.
Average Trading Volume: 7,298,568
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$653.2B
For an in-depth examination of 0300 stock, go to TipRanks’ Stock Analysis page.