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BANK OF CHINA: No Change in Profit Distribution Policy
Recommend 10 Positive 17 Negative 13 |
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BANK OF CHINA (03988.HK) (601988.SH) held an investor briefing session to communicate with investors on the issuance of A-shares to a specific target group. In response to investors' questions about the adjustment of the cash dividend ratio, Zhuo Chengwen, Secretary to the Board of BANK OF CHINA, explained the profit distribution policy of the bank. Regarding the fact that BANK OF CHINA's CET1 capital will be more adequate in the context of the capital increase, Zhuo said that there is no change in BANK OF CHINA's profit distribution policy. In the future, BANK OF CHINA will closely focus on the development plan objectives and capital planning goals, and take into account factors such as operating results, financial condition, shareholder returns and future development to reasonably determine the frequency and level of dividend, prioritize the use of cash dividends as the method of profit distribution and enhance the stability, timeliness and predictability of dividend, so as to enhance investors' sense of gain. AAStocks Financial News |
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