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China CITIC Bank Announces 2024 Annual Results and Dividend Proposal

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China CITIC Bank Announces 2024 Annual Results and Dividend Proposal

China CITIC Bank ( (HK:0998) ) has issued an update.

China CITIC Bank has announced its annual results for the year ended December 31, 2024, which have been reviewed by KPMG and the bank’s Audit and Related Party Transactions Control Committee. The bank proposes a profit distribution plan for 2024, including a cash dividend of RMB1.722 per 10 shares, totaling RMB19.455 billion for the year. The proposal is subject to approval at the upcoming 2024 Annual General Meeting. The bank’s register of members will be closed from June 27 to July 2, 2025, to finalize the dividend distribution, which is planned for August 15, 2025.

More about China CITIC Bank

China CITIC Bank Corporation Limited is a joint stock limited company incorporated in the People’s Republic of China. It operates in the financial services industry, primarily offering banking services and products. The bank is listed on The Stock Exchange of Hong Kong Limited and focuses on providing comprehensive financial solutions to its clients.

YTD Price Performance: 19.40%

Average Trading Volume: 11,077

Technical Sentiment Signal: Sell

Current Market Cap: $52.73B

For an in-depth examination of 0998 stock, go to TipRanks’ Stock Analysis page.

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