tiprankstipranks
Company Announcements

Longfor Group Announces Interim Dividend with Scrip Option

Story Highlights
Longfor Group Announces Interim Dividend with Scrip Option

Longfor Group Holdings ( (HK:0960) ) has shared an update.

Longfor Group Holdings Limited announced its unaudited interim results for the six months ending June 30, 2024, declaring an interim dividend of RMB 0.22 per share. Shareholders have the option to receive their dividends in cash or convert them into scrip shares, with the conversion price to be announced. This announcement reflects the company’s ongoing commitment to providing shareholder value and may influence investor decisions regarding dividend preferences.

More about Longfor Group Holdings

Longfor Group Holdings Limited operates in the real estate industry, focusing on property development, investment, and management. The company is known for its residential, commercial, and mixed-use properties, primarily targeting the Chinese market.

YTD Price Performance: -9.52%

Average Trading Volume: 21,800

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $9.36B

See more insights into 0960 stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
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