GRCB announces final dividend for 2024, details emerge

Guangzhou Rural Commercial Bank Co., Ltd. (GRCB) [HKEX:1551] has announced a proposed final dividend of RMB 0.45 per 10 shares for the financial year ending December 31, 2024, pending shareholder approval on June 13, 2025. The ex-dividend date is set for June 17, 2025, with a record date of June 25, 2025, and payment is scheduled for July 25, 2025. The book close period will run from June 19, 2025, to June 25, 2025. Details regarding the HKD amount and exchange rate are yet to be announced. Specifics regarding withholding tax rates for non-resident enterprise and individual shareholders, both inside and outside Mainland China, are detailed in the 2024 Annual Results Announcement. The company's share registrar is Computershare Hong Kong Investor Services Limited.