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China Merchants Bank Declares Final Dividend for 2024

Story Highlights
  • China Merchants Bank announces a final dividend of RMB 2 per share for 2024.
  • The dividend declaration includes specific withholding tax rates for different shareholder categories.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Merchants Bank Declares Final Dividend for 2024

The latest announcement is out from China Merchants Bank Co ( (HK:3968) ).

China Merchants Bank Co., Ltd. has announced a final cash dividend of RMB 2 per share for the financial year ending December 31, 2024. The announcement outlines the withholding tax rates applicable to various types of shareholders, including non-resident individuals and enterprises, as well as investors in Northbound and Southbound Trading. This dividend declaration reflects the company’s financial performance and commitment to returning value to its shareholders, potentially impacting its market positioning and stakeholder relations.

More about China Merchants Bank Co

China Merchants Bank Co., Ltd. operates in the financial services industry, primarily focusing on banking services. It is a major player in the Chinese banking sector, offering a range of financial products and services to both individual and corporate clients.

YTD Price Performance: 26.06%

Average Trading Volume: 20,684

Technical Sentiment Signal: Sell

Current Market Cap: $155.8B

Find detailed analytics on 3968 stock on TipRanks’ Stock Analysis page.

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