Towngas Smart Energy Announces Final Dividend with Scrip Option

Towngas China Co ( (HK:1083) ) just unveiled an update.

Towngas Smart Energy Company Limited has announced a final ordinary dividend of HKD 0.16 per share for the financial year ending December 31, 2024. Shareholders have the option to receive their dividends in cash or convert them into scrip shares at a price of HKD 3.446 per share. The payment date is set for July 14, 2025, with the first date for dealing in scrip shares on July 15, 2025. This announcement reflects the company’s commitment to providing shareholder value and may impact its market positioning by offering flexible dividend options.

The most recent analyst rating on (HK:1083) stock is a Buy with a HK$3.45 price target. To see the full list of analyst forecasts on Towngas China Co stock, see the HK:1083 Stock Forecast page.

More about Towngas China Co

Towngas Smart Energy Company Limited operates in the energy sector, focusing on providing gas and renewable energy solutions. The company is known for its efforts in smart energy solutions and has a significant presence in the Hong Kong market.

Average Trading Volume: 5,803,881

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$12.98B

Learn more about 1083 stock on TipRanks’ Stock Analysis page.