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Midea Group Co. Ltd. Class H ( (HK:0300) ) has provided an announcement.
Midea Group Co., Ltd. has announced a proposed distribution of a final dividend for the year ending December 31, 2024. The dividend declared is RMB 35 per 10 shares, payable in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.089909. The payment date is set for July 22, 2025, with specific withholding tax rates applied to non-resident shareholders. This move reflects Midea’s ongoing commitment to returning value to its shareholders and may impact 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 appliance industry, focusing on the manufacturing and distribution of a wide range of household appliances. The company is known for its innovative products and has a significant market presence in both domestic and international markets.
Average Trading Volume: 7,421,758
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$620B
See more data about 0300 stock on TipRanks’ Stock Analysis page.