Shoucheng Announces Second Tranche of HKD235 Million Special Dividend

Shoucheng Holdings Ltd. ( (HK:0697) ) has shared an announcement.

Shoucheng Holdings Limited has declared the second tranche of a previously announced special dividend, confirming a cash payout of HKD0.0284 per share to shareholders. The distribution, totaling HKD235 million based on 8,274,215,161 ordinary shares in issue, forms part of an aggregate HKD470 million special dividend and will be paid on 29 December 2026, with the ex-dividend date set for 10 December and the record date on 14 December, signaling a substantial capital return to investors.

The company has outlined the timetable for entitlement, including the last time to lodge share transfer documents on 11 December 2026 and a one-day book closure on 14 December 2026. This second tranche special dividend underscores management’s willingness to return surplus funds to shareholders, which may enhance yield appeal and could positively influence investor sentiment toward the stock in the near term.

The most recent analyst rating on (HK:0697) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Shoucheng Holdings Ltd. stock, see the HK:0697 Stock Forecast page.

More about Shoucheng Holdings Ltd.

Shoucheng Holdings Limited is a Hong Kong–listed company, trading under stock code 00697. The group operates in the infrastructure and urban services space, with its shares widely held in the Hong Kong market and managed under a typical board structure of executive, non-executive and independent non-executive directors.

Average Trading Volume: 63,380,796

Technical Sentiment Signal: Buy

Current Market Cap: HK$14.62B

For a thorough assessment of 0697 stock, go to TipRanks’ Stock Analysis page.