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Sinopec Kantons Unveils New Dividend Plan and Policy Revision

Story Highlights
  • Sinopec Kantons plans a dividend return ensuring annual dividends won’t be less than the previous year.
  • The company revised its dividend policy, increasing the minimum payout from 20% to 30% of profits.
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Sinopec Kantons Unveils New Dividend Plan and Policy Revision

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Sinopec Kantons Holdings ( (HK:0934) ) just unveiled an update.

Sinopec Kantons Holdings Limited has announced a new shareholder dividend return plan for 2025-2027, ensuring annual cash dividends will not be less than the previous year, contingent on positive net profits and sufficient cash flow. Additionally, the company has revised its dividend policy, increasing the minimum dividend payout from 20% to 30% of the profit attributable to equity holders, reflecting a commitment to enhancing shareholder returns while maintaining operational sustainability.

More about Sinopec Kantons Holdings

Sinopec Kantons Holdings Limited is a company incorporated in Bermuda, operating in the energy sector. It is part of a larger group and is listed on the Hong Kong Stock Exchange, focusing on providing energy-related services and products.

Average Trading Volume: 1,804,522

Current Market Cap: HK$10.99B

For a thorough assessment of 0934 stock, go to TipRanks’ Stock Analysis page.

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