Industrial And Commercial Bank Of China announced the implementation plan for the semi-annual cash dividends for A shares in 2024. According to the plan, the company will distribute a cash dividend of 0.1434 RMB per share (tax included) based on 356,406,257,089 ordinary shares, totaling approximately 51.109 billion RMB in cash dividends. Of this amount, the cash dividend for A shares is about 38.662 billion RMB.The relevant date arrangements for the dividends are as follows: The A share equity registration date is January 6, 2025, and both the ex-dividend date and the cash dividend payment date are on January 7, 2025. For investors under the HK ->SH scheme, the company will withhold income tax at a rate of 10%, resulting in an actual cash dividend of 0.12906 RMB per...Show More

Industrial And Commercial Bank Of China announced the implementation plan for the semi-annual cash dividends for A shares in 2024. According to the plan, the company will distribute a cash dividend of 0.1434 RMB per share (tax included) based on 356,406,257,089 ordinary shares, totaling approximately 51.109 billion RMB in cash dividends. Of this amount, the cash dividend for A shares is about 38.662 billion RMB.The relevant date arrangements for the dividends are as follows: The A share equity registration date is January 6, 2025, and both the ex-dividend date and the cash dividend payment date are on January 7, 2025. For investors under the HK ->SH scheme, the company will withhold income tax at a rate of 10%, resulting in an actual cash dividend of 0.12906 RMB per share. For investors under the Hong Kong stock connect, the tax rate for individual investors and securities investment funds from the mainland is 20%, with an actual cash dividend of 0.11472 RMB per share; mainland corporate investors are not subject to withholding tax on dividends.The company reminds investors that the actual dividend amounts for different types of shareholders may vary due to tax policies. The personal tax burden for individual shareholders varies based on the holding period; those holding shares for more than one year will have personal income tax temporarily exempted. Cash dividend income tax for A share resident corporate shareholders (including Institutions) will be paid by themselves. The company has made appropriate arrangements to ensure that all types of investors can timely and accurately receive their entitled dividends.