Bohai Ferry announces 2024 special dividend of $0.03 per share

Bohai Ferry Group (SSE: 603167) announced a special cash dividend of RMB 0.22 (approximately $0.03) per share for 2024. The dividend will not involve capital reserve transfers or bonus shares. The company aims to complete the distribution by January 27, 2025. The total dividend payout is estimated at RMB 103.2 million (approximately $14.2 million), representing 40.13% of the net profit attributable to shareholders as of September 30, 2024. The dividend will be based on the total share capital at the record date, which will be announced later. This special dividend follows shareholder approval granted in May 2024, authorizing the board to manage the process. The record date is yet to be determined and will be announced in a subsequent filing.