Shanghai International Port Group announces 2024 dividend plan

Shanghai International Port Group (SIPG) has announced its 2024 annual equity distribution plan, approving a cash dividend of CNY 0.145 per share. Based on the company’s total share capital of 23,281,365,262 shares, the total cash dividend payout amounts to CNY 3,375,797,962.99. The ex-dividend date is set for July 17, 2025, with cash dividends payable on the same day. Tax implications vary based on the type of investor and holding period, with specific rules outlined for individual shareholders, Qualified Foreign Institutional Investors (QFII), and Hong Kong market investors. SIPG will handle tax withholding where applicable, with specific procedures detailed in the announcement.