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An announcement from Weihai City Commercial Bank Co., Ltd. Class H ( (HK:9677) ) is now available.
Weihai City Commercial Bank Co., Ltd. has announced an update to its 2024 annual results, specifically regarding the final cash dividend for the financial year ending December 31, 2024. The dividend is set at RMB 10 per 100 shares, with an equivalent payment of HKD 10.9361 per 100 shares based on the exchange rate of RMB 1 to HKD 1.09361. The ex-dividend date is June 23, 2025, and the payment date is July 30, 2025. The announcement also details the withholding tax rates applicable to non-resident shareholders, which is set at 10%. This update reflects the bank’s commitment to maintaining shareholder value and provides clarity on the financial returns for stakeholders.
More about Weihai City Commercial Bank Co., Ltd. Class H
Weihai City Commercial Bank Co., Ltd. Class H operates in the financial services industry, focusing on providing banking services. It is not an authorized institution under the Hong Kong Banking Ordinance and is not supervised by the Hong Kong Monetary Authority, indicating its operations are primarily outside of Hong Kong.
Average Trading Volume: 1,969
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$17.88B
For an in-depth examination of 9677 stock, go to TipRanks’ Overview page.