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Tsim Sha Tsui Properties Limited ( (HK:0247) ) just unveiled an announcement.
Tsim Sha Tsui Properties Limited has confirmed the terms of its interim dividend for the six months ended 31 December 2025, declaring a cash payout of HKD 0.15 per share for the financial year ending 30 June 2026. The company is offering shareholders a scrip dividend option at a conversion price of HKD 19.35 per new share, with cash as the default and fractional share entitlements rounded down and refunded in cash.
Key timetable details include an ex-dividend date of 12 March 2026, a record date of 18 March 2026 and a deadline of 13 April 2026 for shareholders to elect the scrip option. Share certificates for new scrip shares and cash payments are scheduled for despatch on 24 April 2026, with trading in the new scrip shares expected to begin on 27 April 2026, giving investors flexibility in managing income versus equity exposure.
The most recent analyst rating on (HK:0247) stock is a Hold with a HK$21.50 price target. To see the full list of analyst forecasts on Tsim Sha Tsui Properties Limited stock, see the HK:0247 Stock Forecast page.
More about Tsim Sha Tsui Properties Limited
Tsim Sha Tsui Properties Limited is a Hong Kong-listed property company engaged in real estate investment and development. The group focuses on owning, managing and developing commercial and residential properties in Hong Kong, providing rental income and capital appreciation exposure to investors in the local property market.
Average Trading Volume: 2,723
Technical Sentiment Signal: Buy
Current Market Cap: HK$43.19B
For an in-depth examination of 0247 stock, go to TipRanks’ Overview page.