Summary by Futu AI
China Merchants Bank announced on 6 December 2024 that it will distribute the seventh annual dividend on its domestic priority share “China Advantage 1" on 18 December 2024. According to the mandate of the Board of Directors, Liang Wang and Zhang Jian have signed the relevant decision. The dividend payment plan has been approved by several general meetings.According to the announcement, the registered dividend yield of CFU 1 was 3.62% and a cash dividend of RMB3.62 per share was distributed, for a total of approximately $0.9955 billion (tax included). The dividend will be distributed to shareholders registered in the Shanghai Branch of China Securities Registry Settlement Limited after the close of market on 17 December 2024. The dividend before tax is $3.62 per share and resident company shareholders are required to...Show More
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