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Postal Bank of China Plans Hefty Dividend Payout
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Postal Bank of China Plans Hefty Dividend Payout

Postal Savings Bank of China Co., Ltd. Class H (HK:1658) has released an update.

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Postal Savings Bank of China Co., Ltd. has announced an interim profit distribution for 2024, proposing to pay RMB14.646 billion in cash dividends, which represents 30% of the net profit for the first half of the year. Shareholders registered by January 7, 2025, will be eligible for dividends, with payment dates set for January 8 and January 24 for A shares and H shares, respectively. The distribution plan is pending approval at the upcoming shareholders’ general meeting.

For further insights into HK:1658 stock, check out TipRanks’ Stock Analysis page.

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