Summary by Moomoo AI
CITIC HEAVY MACHINERY CO., LTD. ANNOUNCED THAT IT WILL DISTRIBUTE ITS INTERESTS FOR 2023 ON APRIL 24, 2024, WITH A CASH DIVIDEND OF RMB 0.0285 PER SHARE. The distribution plan was approved at the Annual General Meeting on April 9, 2024. The registration date for the shares is April 23, 2024, and the date of issue of the rights (interest) and the date of issue of cash dividends is April 24, 2024. The total share capital of the company is 4,339,419,293 shares and a total cash dividend of approximately RMB123.67 billion is expected. CASH DIVIDENDS FOR CITIC CORPORATION LIMITED AND SOME OF ITS SUBSIDIARIES WILL BE DISTRIBUTED BY THE COMPANY ITSELF. According to tax law, the company will deduct 10% corporate income tax, and an effective dividend per share after tax is paid is RMB 0.02565. There will be different tax treatment for different types of shareholders, including natural persons, qualified overseas institutional investors (QFII) and Hong Kong market investors who invest through Hong Kong Tung.