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An update from Ping An Insurance Company of China ( (HK:2318) ) is now available.
Ping An Insurance has announced an update regarding its final cash dividend for the year ending December 31, 2024. The dividend is set at RMB 1.62 per share, with an option for shareholders to receive it in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.08806. The payment date is scheduled for June 30, 2025, and the company will apply a withholding tax of 10% for non-resident enterprise and individual shareholders, and 20% for those investing via the Hong Kong Stock Connect Program. This announcement reflects Ping An’s commitment to shareholder returns while navigating the complexities of international tax regulations.
The most recent analyst rating on (HK:2318) stock is a Buy with a HK$55.50 price target. To see the full list of analyst forecasts on Ping An Insurance Company of China stock, see the HK:2318 Stock Forecast page.
More about Ping An Insurance Company of China
Ping An Insurance (Group) Company of China, Ltd. operates in the insurance industry, offering a wide range of financial products and services. The company is a major player in the Chinese market, focusing on insurance, banking, and financial services, and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: 3.22%
Average Trading Volume: 54,683,875
Technical Sentiment Signal: Buy
Current Market Cap: HK$961.4B
Learn more about 2318 stock on TipRanks’ Stock Analysis page.