FilingReader Intelligence

Baoshan Iron & Steel proposes $2.15bn cash dividend for 2H 2024

April 28, 2025 at 07:36 AM UTCBy FilingReader AI

Baoshan Iron & Steel (SSE:600019) has announced a plan to distribute a cash dividend of CNY2.15 billion (approximately $300 million USD) for the second half of 2024, equivalent to CNY0.10 per share. This distribution, slated for shareholder approval, represents 76.33% of the company’s net profit attributable to shareholders for the period. In aggregate, the full-year dividend reaches CNY4.52 billion, equating to CNY0.21 per share.

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

SSE:600019Shanghai Stock Exchange
Shanghai Blue ChipSteel

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