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Tsingtao Brewery Co Declares Final Dividend for 2024

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Tsingtao Brewery Co Declares Final Dividend for 2024

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Tsingtao Brewery Co ( (HK:0168) ) has issued an update.

Tsingtao Brewery Co announced a final cash dividend of RMB 2.2 per share for the financial year ending December 31, 2024, payable in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.083. This announcement reflects the company’s strong financial performance and commitment to delivering shareholder value, with implications for non-resident enterprise shareholders who will face a 10% withholding tax on dividends.

The most recent analyst rating on (HK:0168) stock is a Buy with a HK$63.27 price target. To see the full list of analyst forecasts on Tsingtao Brewery Co stock, see the HK:0168 Stock Forecast page.

More about Tsingtao Brewery Co

Tsingtao Brewery Co is a prominent player in the brewing industry, primarily focused on producing and distributing beer. The company is well-known for its flagship Tsingtao Beer, which has a significant market presence both domestically in China and internationally.

Average Trading Volume: 5,449,955

Technical Sentiment Signal: Buy

Current Market Cap: HK$90.05B

See more data about 0168 stock on TipRanks’ Stock Analysis page.

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