tiprankstipranks
Trending News
More News >

Shenzhen International Announces Scrip Dividend Scheme Details

Story Highlights
Shenzhen International Announces Scrip Dividend Scheme Details

Don’t Miss TipRanks’ Half-Year Sale

Shenzhen International Holdings ( (HK:0152) ) has provided an update.

Shenzhen International Holdings has announced the calculation of the market value for its Scrip Shares related to the final dividend for the year ended 31 December 2024. The market value is determined to be HK$7.102, based on the average closing price per share over a specified period. Shareholders have the option to receive their final dividend in cash, Scrip Shares, or a combination of both, except for those residing in certain U.S. states who will receive cash only. The issuance of Scrip Shares could potentially increase the company’s share count by approximately 8.42%, impacting shareholder value and market positioning.

More about Shenzhen International Holdings

Shenzhen International Holdings is a company incorporated in Bermuda, operating with limited liability. It is listed on the Stock Exchange of Hong Kong, focusing on providing dividends to its shareholders through schemes such as the Scrip Dividend Scheme.

Average Trading Volume: 4,610,643

Technical Sentiment Signal: Buy

Current Market Cap: HK$17.06B

See more data about 0152 stock on TipRanks’ Stock Analysis 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