Dongxing Securities proposes CNY465m dividend despite earnings dip

** Dongxing Securities (SSE:601198) announced its proposed 2024 profit distribution plan, recommending a cash dividend of ¥0.09 per share, totaling ¥465.47 million. This payout, while demonstrating the firm's commitment to shareholder returns, comes amid a reported net profit attributable to shareholders of ¥1.54 billion, a decrease from prior years. This is also despite litigation and financial penalties concerning the firm.