Sinopec Shanghai Petrochemical Updates Final Dividend Details for 2024

Sinopec Shanghai Petrochemical Co ( (HK:0338) ) has provided an announcement.

Sinopec Shanghai Petrochemical Company Limited announced an update regarding its final cash dividend for the year ended December 31, 2024. The dividend is set at RMB 0.02 per share, with a payment in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.0916. The ex-dividend date is June 24, 2025, and payment is scheduled for July 24, 2025. The announcement also details the withholding tax implications for non-resident shareholders, emphasizing the company’s compliance with international tax treaties, which may affect the net dividend received by shareholders.

The most recent analyst rating on (HK:0338) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on Sinopec Shanghai Petrochemical Co stock, see the HK:0338 Stock Forecast page.

More about Sinopec Shanghai Petrochemical Co

Sinopec Shanghai Petrochemical Company Limited operates in the petrochemical industry, primarily focusing on the production and distribution of petrochemical products. The company is a significant player in the market, providing essential products that are integral to various industrial applications.

Average Trading Volume: 11,453,025

Technical Sentiment Signal: Buy

Current Market Cap: HK$26.57B

For a thorough assessment of 0338 stock, go to TipRanks’ Stock Analysis page.