Ping An boosts dividend 5%, expands board, sees solid growth

Ping An Insurance Group announced a 5% increase in its cash dividend to RMB2.55 per share, marking 13 consecutive years of rising shareholder returns. This is based on strong 2024 results including a 9.1% increase in operating profit attributable to shareholders, which reached RMB121.9 billion, and a 47.8% surge in net profit to RMB126.6 billion.