China Tourism Group Duty Free Announces Final Dividend for 2024

Story Highlights
  • China Tourism Group Duty Free will distribute a final dividend of RMB 1.05 per share.
  • Dividend distribution reflects strong financial performance and strategic shareholder focus.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Tourism Group Duty Free Announces Final Dividend for 2024

China Tourism Group Duty Free Corporation Limited Class H ( (HK:1880) ) has issued an update.

China Tourism Group Duty Free Corporation Limited has announced a final cash dividend of RMB 1.05 per share for the financial year ending December 31, 2024. This announcement highlights the company’s commitment to returning value to its shareholders. The dividend distribution will be subject to withholding tax rates that vary depending on the residency status of the shareholders, with specific provisions for non-resident individuals and enterprises. This decision reflects the company’s strong financial performance and its strategic focus on maintaining shareholder confidence.

More about China Tourism Group Duty Free Corporation Limited Class H

China Tourism Group Duty Free Corporation Limited is a leading company in the duty-free retail industry, focusing on providing a wide range of duty-free products to travelers. The company operates primarily in China and is known for its extensive network of duty-free stores, catering to both domestic and international tourists.

YTD Price Performance: -5.27%

Average Trading Volume: 2,331,599

Technical Sentiment Signal: Buy

Current Market Cap: HK$130.4B

See more data about 1880 stock on TipRanks’ Stock Analysis page.

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