Summary by Futu AI
Industrial and Commercial Bank of China (ICBC) announced on August 30, 2024 that it plans to distribute interim dividends for the year 2024 to 356,406,257,089 common shares, with a cash dividend of RMB 0.1434 per share (tax included). The distribution plan must be approved by the shareholders' meeting before it can be implemented. According to data audited by Deloitte accounting firm, as of June 30, 2024, the net profit attributable to shareholders of ICBC's parent company was RMB 170.467 billion, and the total amount of cash dividends in this distribution is RMB 51.109 billion, accounting for 30.0% of the net profit. The dividend payment date for A shares is set on January 7, 2025, and for H shares it is set on January 24, 2025. Dividends will be paid in RMB or the equivalent in HKD, and the exchange rate will be based on the mid-point exchange rate published by the People's Bank of China.