The latest update is out from Sinopharm Group Co ( (HK:1099) ).
Sinopharm Group Co. Ltd. has announced a proposed distribution of a final dividend of RMB 0.68 per share for the financial year ending December 31, 2024, subject to shareholder approval on June 12, 2025. The dividend will be paid on August 12, 2025, with specific withholding tax rates applied to non-resident enterprise and individual shareholders, as well as Mainland individual investors through the Hong Kong Stock Connect programs. This announcement reflects the company’s commitment to returning value to its shareholders and may impact investor sentiment and market positioning.
More about Sinopharm Group Co
Sinopharm Group Co. Ltd. operates in the pharmaceutical industry, primarily focusing on the distribution and retail of pharmaceutical and healthcare products. The company is a significant player in the Chinese market, providing a wide range of medical supplies and services.
YTD Price Performance: -8.47%
Average Trading Volume: 1,250
Technical Sentiment Signal: Buy
Current Market Cap: $7.77B
For detailed information about 1099 stock, go to TipRanks’ Stock Analysis page.