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Fuyao Glass Announces 2024 Final Dividend Distribution

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An announcement from Fuyao Glass Industry Group Co., Ltd. Class H ( (HK:3606) ) is now available.

Fuyao Glass Industry Group Co., Ltd. has announced the distribution of its final dividend for the financial year ending December 31, 2024. The dividend is set at RMB 1.8 per share, with a corresponding payment in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.07591. The ex-dividend date is May 14, 2025, with payment scheduled for June 6, 2025. The announcement includes details on withholding tax rates applicable to different types of shareholders, highlighting a 10% tax for non-resident enterprises and a 20% tax for resident individuals investing through specific stock connect programs. This update reflects the company’s commitment to shareholder returns and may influence investor sentiment and market positioning.

More about Fuyao Glass Industry Group Co., Ltd. Class H

Fuyao Glass Industry Group Co., Ltd. is a prominent player in the glass manufacturing industry, primarily focusing on the production of automotive glass. The company serves a global market, providing high-quality glass products for various automotive applications.

YTD Price Performance: -10.53%

Average Trading Volume: 546

Technical Sentiment Signal: Sell

Current Market Cap: €17.42B

Learn more about 3606 stock on TipRanks’ Stock Analysis page.

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