COSCO SHIPPING Energy Transportation Co (HK:1138) has released an update.
COSCO SHIPPING Energy Transportation Co., Ltd. has announced an ordinary final cash dividend of RMB 0.35 per share for the year ended December 31, 2023, which will be paid to shareholders at an exchange rate of RMB 1 to HKD 1.09567, totaling HKD 0.38349 per share. The dividend was approved on June 28, 2024, and is scheduled for payment on August 27, 2024, following an ex-dividend date of July 17, 2024. The company also outlined withholding tax rates for different types of shareholders, with non-resident corporate shareholders and mainland individual investors through stock connects subject to 10% and 20% tax rates respectively.
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