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Zhuzhou CRRC Times Electric Announces Final Dividend for 2024

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Zhuzhou CRRC Times Electric Announces Final Dividend for 2024

An announcement from Zhuzhou CRRC Times Electric Co ( (HK:3898) ) is now available.

Zhuzhou CRRC Times Electric Co., Ltd. has announced a final cash dividend of RMB 1 per share for the financial year ending December 31, 2024. This move reflects the company’s stable financial performance and commitment to rewarding its shareholders. The announcement includes details on withholding tax rates for different types of shareholders, indicating a 10% tax for non-resident enterprises and a 20% tax for domestic individual investors via the Stock Connect programs. The specifics regarding the dividend payment, such as the exchange rate, ex-dividend date, and payment date, are yet to be announced, which suggests ongoing administrative processes to finalize these details.

More about Zhuzhou CRRC Times Electric Co

Zhuzhou CRRC Times Electric Co., Ltd. operates in the transportation industry, focusing on the development and manufacturing of electric components and systems for rail transit equipment. The company is a significant player in the market, providing essential products and services that support the rail transit sector.

YTD Price Performance: 5.80%

Technical Sentiment Signal: Sell

Current Market Cap: $6.44B

Find detailed analytics on 3898 stock on TipRanks’ Stock Analysis page.

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