Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
China Minsheng Banking ( (HK:1988) ) has shared an update.
China Minsheng Banking Corp., Ltd. has announced the approval and implementation of a dividend distribution plan for its domestic preference shares, known as Minsheng Preference 1. The dividend period spans from October 18, 2024, to October 17, 2025, with a cash dividend of RMB3.17 per share, amounting to a total of RMB634 million. The dividend payment date is set for October 20, 2025, due to a statutory holiday. This move reflects the company’s ongoing commitment to rewarding its shareholders and maintaining a stable financial strategy.
The most recent analyst rating on (HK:1988) stock is a Buy with a HK$5.87 price target. To see the full list of analyst forecasts on China Minsheng Banking stock, see the HK:1988 Stock Forecast page.
More about China Minsheng Banking
China Minsheng Banking Corp., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating within the banking industry. The company focuses on providing a range of financial services, including the issuance of domestic preference shares, which are a key component of its financial offerings.
YTD Price Performance: 24.27%
Average Trading Volume: 46,334,900
Technical Sentiment Signal: Buy
Current Market Cap: HK$190.5B
See more insights into 1988 stock on TipRanks’ Stock Analysis page.