Title: Yangzijiang Financial Holding Ltd. Announces Proposed Final Dividend for FY2024 – A Potential Boon for Shareholders
Key Highlights:
Yangzijiang Financial Holding Ltd. (the “Company”) has proposed a tax-exempt (one-tier) final dividend of S$0.0345 per ordinary share for the financial year ended 31 December 2024 (1).
The proposed final dividend is subject to the approval of the shareholders at the Company’s Third Annual General Meeting (“AGM”) to be held on 15 April 2025 (1).
The Company’s Share Transfer Books and Register of Members will be closed at 5.00 p.m. on 25 April 2025 (the “Record Date”) for the purpose of determining the shareholders’ entitlement to the proposed final dividend (1).
Shareholders whose securities accounts with The Central Depository (Pte) Limited are credited with the Company’s ordinary shares as at the Record Date will be entitled to the proposed final dividend (1).
Subject to the shareholders’ approval at the upcoming AGM, the payment of the proposed final dividend will be made on or about 15 May 2025 (1).
Potential Impact on Share Price:
The proposed final dividend, if approved by the shareholders, could have a positive impact on the Company’s share price. Dividends are often seen as a sign of a company’s financial health and its commitment to rewarding its shareholders. The announcement of a final dividend payout could attract more investor interest and potentially drive up the share price.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and due diligence before making any investment decisions. The information provided in this article is believed to be accurate at the time of writing, but may be subject to change. The Company and the author do not guarantee the accuracy or completeness of the information provided.
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