FilingReader Intelligence

Ping An proposes $4.1bn dividend, to cancel repurchased shares

March 27, 2025 at 08:00 PM UTCBy FilingReader AI

** Ping An Insurance Group Company of China (SSE:601318) announced plans to propose a cash dividend of RMB 1.62 per share (approx. $0.23 USD) for the year 2024, totaling RMB 29.33 billion (approx. $4.1 billion USD). This represents a 5% increase over the previous year's dividend and a payout ratio of 37.9% of the group's operating profit, upholding the company's commitment to consistent shareholder returns.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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