tiprankstipranks
Trending News
More News >

New China Life Insurance Updates 2024 Final Dividend Details

Story Highlights
New China Life Insurance Updates 2024 Final Dividend Details

Don’t Miss TipRanks’ Half-Year Sale

New China Life Insurance Co., Ltd. Class H ( (HK:1336) ) has shared an announcement.

New China Life Insurance Co., Ltd. has announced an update regarding its final cash dividend for the year ending December 31, 2024. The dividend, declared at RMB 1.99 per share, will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.09524227, resulting in a payout of HKD 2.17953211 per share. The announcement includes details on withholding tax rates applicable to non-resident shareholders, which vary depending on their country of domicile and existing tax treaties with China. This update impacts the company’s financial distribution strategy and provides clarity to stakeholders regarding tax obligations and dividend entitlements.

The most recent analyst rating on (HK:1336) stock is a Hold with a HK$26.50 price target. To see the full list of analyst forecasts on New China Life Insurance Co., Ltd. Class H stock, see the HK:1336 Stock Forecast page.

More about New China Life Insurance Co., Ltd. Class H

New China Life Insurance Co., Ltd. is a prominent player in the insurance industry, primarily offering life insurance products and services. The company is focused on providing comprehensive insurance solutions to its clients, leveraging its strong market presence in China.

Average Trading Volume: 20,017,192

Technical Sentiment Signal: Buy

Current Market Cap: HK$184.4B

For an in-depth examination of 1336 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1