Huatai Securities Announces Final Dividend

Huatai Securities Co (HK:6886) has released an update.

Huatai Securities Co has announced a final cash dividend of RMB 4.3 per 10 shares for the financial year ending December 31, 2023, with the payment set for August 16, 2024. Shareholders must register by July 4, 2024, to be entitled to the dividend, which will be paid in HKD at an exchange rate of RMB 1 to HKD 1.097719. Tax rates on dividends will vary based on shareholder residency, with non-resident individuals typically subject to a 10% rate, while resident enterprises holding shares for 12 months are exempt.

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