ICBC to pay dividend on domestic preference shares
Industrial and Commercial Bank of China (ICBC) has announced the implementation of its dividend distribution plan for its domestic preference shares, "ICBC Pref 2." Shareholders will receive a cash dividend of CNY 3.02 per share before tax, based on a 3.02% nominal dividend rate. The total cash dividend to be distributed amounts to CNY 2.114 bn before tax.
The last trading day for these preference shares will be September 22, 2025. The equity registration date and ex-dividend date are both set for September 23, 2025. Dividends will be paid out on September 24, 2025. The distribution covers all "ICBC Pref 2" shareholders registered with China Securities Depository and Clearing Corporation Limited Shanghai Branch by the close of trading on September 23, 2025.
Regarding taxation, resident enterprise shareholders subject to the Corporate Income Tax Law of the People's Republic of China will be responsible for their own income tax on the cash dividends. Other "ICBC Pref 2" shareholders will have their income tax handled according to relevant regulations. The bank noted that any changes in tax laws before the payout date would take precedence.
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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