FilingReader Intelligence

Ping An Bank proposes dividend boost, outlines plans for growth

March 15, 2025 at 05:02 AM UTCBy FilingReader AI

Ping An Bank (SZSE:000001) has announced a plan to distribute a total cash dividend of RMB 11.799 billion for the fiscal year 2024, or RMB 6.08 per 10 shares. While the dividend payout ratio is lower than 30% of its net profit to strengthen its capital reserves for long term growth, the decision reflects the bank's commitment to shareholder returns alongside its strategic priorities.

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

SZSE:000001Shenzhen Stock Exchange
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