Summary by Futu AI
Bank of China Limited announced that its Fourth Domestic Preferred Stock Dividend Distribution Plan was approved at the fourth board of directors meeting in 2024 and was announced on the websites of Hong Kong Exchanges and Clearing Limited and the Bank on April 29, 2024. The dividend distribution involves the interest calculation period from August 29, 2023 to August 28, 2024. The last trading day is August 27, 2024, and the record date and ex-dividend date are both August 28, 2024. The dividend will be paid on August 29, 2024. This distribution is aimed at shareholders registered on the Shanghai Stock Exchange as of the close of business on August 28, 2024. Each preferred share will receive a cash dividend of RMB 4.35 (pre-tax), with a total dividend distribution of approximately RMB 1.1745 billion (pre-tax). Domestic resident enterprise shareholders are required to declare and pay income tax themselves, while other shareholders shall follow relevant regulations. The dividend will be directly distributed by Bank of China to preferred stock shareholders.