JL MAG Rare-Earth Co., Ltd. Class H (HK:6680) has released an update.
JL MAG Rare-Earth Co., Ltd. has announced a final cash dividend of RMB 2.6 per 10 shares for the fiscal year ended December 31, 2023, with an update on the dividend amount and exchange rate specifics. Shareholders approved the dividend on June 5, 2024, and the payment is set for August 5, 2024, after an ex-dividend date of June 11, 2024. The company also provided details on a 10% withholding tax for non-resident enterprise and individual shareholders, with potential refunds for those in countries with favorable tax treaties with China.
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