Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An announcement from SINOPEC Engineering (Group) Co., Ltd. Class H ( (HK:2386) ) is now available.
SINOPEC Engineering (Group) Co., Ltd. has announced a special dividend of RMB 0.094 per H share, underscoring its robust cash position and willingness to return capital to shareholders. The payment is scheduled for 17 July 2026, with the Hong Kong dollar equivalent, ex-dividend date, record date, and related timetable details yet to be confirmed.
The company has outlined a detailed withholding tax framework for non-resident enterprise and individual H shareholders, applying tax rates of 10% or 20% depending on domicile and applicable tax treaties with the PRC. This tax disclosure provides clarity on post-tax dividend receipts for overseas investors, which may influence portfolio decisions and perceived attractiveness of the stock among international holders.
The most recent analyst rating on (HK:2386) stock is a Hold with a HK$7.50 price target. To see the full list of analyst forecasts on SINOPEC Engineering (Group) Co., Ltd. Class H stock, see the HK:2386 Stock Forecast page.
More about SINOPEC Engineering (Group) Co., Ltd. Class H
SINOPEC Engineering (Group) Co., Ltd. is an engineering and construction company serving the energy and petrochemical sectors. Listed in Hong Kong via its H shares, the group focuses on providing engineering, procurement, and construction services to refinery, petrochemical, and related industrial projects in mainland China and overseas markets.
YTD Price Performance: -4.18%
Average Trading Volume: 5,942,510
Technical Sentiment Signal: Buy
Current Market Cap: HK$32.25B
Find detailed analytics on 2386 stock on TipRanks’ Stock Analysis page.