China CITIC Bank Announces 2024 Annual Results and Dividend Plan

Story Highlights
China CITIC Bank Announces 2024 Annual Results and Dividend Plan

An announcement from CITIC ( (HK:0267) ) is now available.

China CITIC Bank Corporation Limited announced its annual results for the year ending December 31, 2024, highlighting a significant profit distribution plan. The bank plans to distribute a total of RMB19.455 billion in cash dividends for the year, reflecting its strong financial performance. This announcement underscores the bank’s commitment to delivering value to its shareholders and maintaining a stable dividend policy.

More about CITIC

CITIC Limited is a major conglomerate in China with a diverse range of businesses, including financial services, resources and energy, manufacturing, engineering contracting, and real estate. China CITIC Bank Corporation Limited, a principal subsidiary of CITIC Limited, operates primarily in the banking sector, offering a wide range of financial services.

YTD Price Performance: 19.37%

Average Trading Volume: 987

Technical Sentiment Signal: Strong Sell

Current Market Cap: $36B

For detailed information about 0267 stock, go to 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