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Towngas China Co ( (HK:1083) ) has issued an update.
Towngas Smart Energy Company Limited has proposed a final ordinary dividend of HKD 0.14 per share for the financial year ended 31 December 2025, subject to shareholder approval at its meeting on 27 May 2026. The dividend will be payable in cash by default in Hong Kong dollars, with shareholders given the option to receive new shares instead through a scrip dividend scheme, including the possibility of partial scrip elections.
The record date for determining shareholder entitlement is set for 4 June 2026, with the shares trading ex-dividend from 29 May 2026 and payment scheduled for 14 July 2026. The offer of a scrip alternative, alongside a defined timetable for book closure and settlement, provides investors flexibility in managing income and reinvestment while signalling the company’s continued commitment to shareholder returns following its 2025 financial performance.
The most recent analyst rating on (HK:1083) stock is a Hold with a HK$4.00 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 is a Hong Kong-listed energy utility focused on gas distribution and related services, with operations that span conventional gas supply and growing activities in renewable energy. The company serves mainland China markets through its mainland gas business while also developing a renewable business platform under dedicated executive leadership.
Average Trading Volume: 5,661,694
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$13.73B
Learn more about 1083 stock on TipRanks’ Stock Analysis page.