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Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H ( (HK:1635) ) has issued an announcement.
Shanghai Dazhong Public Utilities (Group) Co., Ltd. has announced an update regarding its final cash dividend for the year ended December 31, 2024. The dividend, approved on June 13, 2025, is set at RMB 0.36 per 10 shares, with payment to be made in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.092519. The ex-dividend date is June 26, 2025, and the payment date is August 1, 2025. The announcement also details the withholding tax rates applicable to different categories of shareholders, which range from 10% to 20% depending on residency and shareholder type. This update may impact the company’s stakeholders, particularly non-resident shareholders, due to the specified tax implications.
More about Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H
Shanghai Dazhong Public Utilities (Group) Co., Ltd. operates in the public utilities sector, focusing on providing essential services such as gas supply, public transportation, and water services. The company is primarily active in the Chinese market, with a significant presence in Shanghai.
Average Trading Volume: 7,737,525
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$11.35B
For detailed information about 1635 stock, go to TipRanks’ Stock Analysis page.