China Merchants Bank Co (HK:3968) has released an update.
China Merchants Bank Co., Ltd. has announced the approval of their 2023 profit appropriation plan, which includes a final dividend payment of RMB1.972 per share for both A and H shareholders, with H shareholders receiving approximately HK$2.162044 per share after conversion. Investors are alerted to the dividend distribution arrangements and tax implications, with H-share dividends to be paid around 6 August 2024, and details for A-share dividends to be announced separately.
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