COSCO SHIPPING Ports Offers Dividend or Shares
Company Announcements

COSCO SHIPPING Ports Offers Dividend or Shares

COSCO SHIPPING Ports (HK:1199) has released an update.

COSCO SHIPPING Ports Limited has announced a second interim dividend of HK15.5 cents per share for the year ended 31 December 2023, with shareholders given the option to receive new shares in lieu of the cash dividend. This Scrip Dividend Scheme allows shareholders to convert their dividends into shares based on a fixed market value of HK$4.434 per share, determined by the average closing price on the Hong Kong Stock Exchange over five consecutive trading days.

For further insights into HK:1199 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskExecutive Reshuffle at COSCO SHIPPING Ports
TipRanks HongKong Auto-Generated NewsdeskCOSCO SHIPPING Ports Reveals Board Structure
TipRanks HongKong Auto-Generated NewsdeskCOSCO SHIPPING Ports Sets Key Financial Meeting
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App