Sinopec Sets Final 2025 Dividend and Clarifies H-Share Tax Treatment
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Sinopec has declared a final ordinary dividend of RMB 0.112 per share for the financial year ending December 31, 2025, subject to shareholder approval. The dividend will be ex-dividend on June 8, 2026, with a record date of June 16 and payment on June 26. The company clarified withholding tax arrangements for non-resident H-shareholders, generally applying a 10% tax rate. This announcement aims to enhance certainty for international investors and may improve the stock's attractiveness. The latest analyst rating for Sinopec (HK:0386) is a Hold with a price target of HK$4.90.
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