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Sino Hotels Announces Interim Dividend with Scrip Option

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Sino Hotels Announces Interim Dividend with Scrip Option

An update from Sino Hotels (Holdings) Ltd. ( (HK:1221) ) is now available.

Sino Hotels (Holdings) Limited has announced an interim dividend for the six months ending December 31, 2024, at HKD 0.015 per share. Shareholders have the option to receive the dividend in cash or opt for scrip shares, with the conversion price set at HKD 1.442 per scrip share. This update includes details on the dealing dates for scrip shares and fractional entitlements. The announcement reflects the company’s ongoing commitment to shareholder returns and may influence investor sentiment positively.

More about Sino Hotels (Holdings) Ltd.

Sino Hotels (Holdings) Limited operates in the hospitality industry, focusing on hotel management and development. The company is known for providing quality accommodation services primarily in Hong Kong, catering to both business and leisure travelers.

YTD Price Performance: -6.12%

Average Trading Volume: 13,612

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$1.6B

Learn more about 1221 stock on TipRanks’ Stock Analysis page.

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