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Weichai Power Updates Final Dividend Details for 2024

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Weichai Power Updates Final Dividend Details for 2024

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Weichai Power Co ( (HK:2338) ) has shared an announcement.

Weichai Power Co., Ltd. has announced an update regarding its final cash dividend for the year ended December 31, 2024. The dividend has been declared at RMB 3.47 per 10 shares, with payment to be made in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.0925. The ex-dividend date is set for June 26, 2025, with the payment scheduled for July 25, 2025. The announcement also outlines the withholding tax rates applicable to different types of shareholders, impacting non-resident enterprises and investors engaged in Southbound and Northbound Trading. This update provides clarity on the financial returns for shareholders and reflects the company’s ongoing commitment to delivering shareholder value.

The most recent analyst rating on (HK:2338) stock is a Buy with a HK$20.00 price target. To see the full list of analyst forecasts on Weichai Power Co stock, see the HK:2338 Stock Forecast page.

More about Weichai Power Co

Weichai Power Co., Ltd. operates in the power and automotive industry, focusing on the production of diesel engines, powertrain systems, and related components. The company is a key player in the global market, providing products and services that support various sectors, including commercial vehicles, construction machinery, and marine applications.

Average Trading Volume: 12,044,536

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$144.7B

Find detailed analytics on 2338 stock on TipRanks’ Stock Analysis page.

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