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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
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