tiprankstipranks
Trending News
More News >

Weichai Power Announces Final Dividend for 2024

Story Highlights
Weichai Power Announces Final Dividend for 2024

Weichai Power Co ( (HK:2338) ) just unveiled an update.

Weichai Power Co., Ltd. has announced a proposed final dividend of RMB 3.47 per 10 shares for the financial year ending December 31, 2024. The announcement outlines the withholding tax rates applicable to different categories of shareholders, including non-resident enterprises, Southbound Trading investors, and Northbound Trading investors. This dividend declaration reflects the company’s commitment to returning value to its shareholders and may influence investor sentiment and market positioning.

More about Weichai Power Co

Weichai Power Co., Ltd. operates in the manufacturing industry, focusing on the production of engines, powertrain systems, and related components. The company serves various markets, including automotive, marine, and industrial sectors, and is known for its innovative and high-performance products.

YTD Price Performance: 51.97%

Average Trading Volume: 2,638

Technical Sentiment Signal: Strong Sell

Current Market Cap: $18.7B

See more insights into 2338 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App