AgBank to pay 4.84 yuan dividend on preferred shares

Agricultural Bank of China (AgBank) [SSE:601288] will distribute a cash dividend of 4.84 yuan per share (inclusive of tax) for its second phase preferred shares ("AgBank Preferred Shares II," ticker: 360009) for the 2024-2025 period. The total dividend payout will amount to 1.936 billion yuan (inclusive of tax). Shareholders of record as of March 10, 2025, are entitled to the dividend, which will be paid on March 11, 2025. The ex-dividend date is March 10, 2025, with the last trading day being March 7, 2025. Tax implications vary based on shareholder type, with specific withholding rates applied to non-resident enterprise shareholders and Qualified Foreign Institutional Investors (QFII).