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Shenzhen Expressway Announces Final Dividend for 2024

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Shenzhen Expressway Announces Final Dividend for 2024

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Shenzhen Expressway Co ( (HK:0548) ) just unveiled an announcement.

Shenzhen Expressway Corporation Limited has announced a final dividend of RMB 0.244 per share for the year ending December 31, 2024, to be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 0.912874. The dividend will be distributed on August 25, 2025, with specific withholding tax rates applied to different categories of shareholders, including a 10% rate for non-resident enterprises and individuals, and a 20% rate for Mainland domestic individual investors through stock connect programs. This announcement reflects the company’s commitment to returning value to shareholders and may impact its financial outlook and investor relations.

More about Shenzhen Expressway Co

Shenzhen Expressway Corporation Limited operates in the infrastructure industry, primarily focusing on the construction and management of expressways. The company is involved in the development, operation, and maintenance of toll roads and expressways, mainly serving the transportation sector in China.

YTD Price Performance: -5.87%

Average Trading Volume: 2,517,605

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$25.75B

See more data about 0548 stock on TipRanks’ Stock Analysis page.

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