Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
BOC HONG KONG Mounts 5% as Div. Payout Ratio Hikes to 55% w/ Quarterly Div. Proposed
Recommend 29 Positive 53 Negative 28 |
||||
|
||||
|
BOC HONG KONG (02388.HK) was popular post-results, and opened 2.51% higher before its gains expanded today (27th). The stock last advanced 5.03% to $31.35, with 4.3227 million shares traded, involving $134 million. BOC HONG KONG's 2024 net profit amounted to $38.233 billion, up 16.8% YoY. A final DPS of $1.419 was declared. Together with the interim dividend, this takes the annual DPS to $1.989, up 19% YoY. The dividend payout ratio increased by 1 ppt to 55%. The Company proposed to declare dividends on a quarterly basis starting from 2025. BOC HONG KONG's net interest income for the year amounted to $52.334 billion, up 2.5% YoY, while net interest margin fell to 1.46%, compared to 1.53% a year earlier. Net charge of impairment allowances on advances and other accounts was $4.945 billion, down 23% YoY. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
