China Merchants Port proposes dividend hike amid strong 2024 results

China Merchants Port Group (SZSE: 001872) announced a significant increase in its proposed dividend for 2024, alongside a report highlighting robust financial performance. Based on the company's existing share capital excluding treasury shares, shareholders can expect a cash dividend of CNY7.40 per ten shares, totaling CNY1,842,769,687.18. Factoring in a buyback of shares worth CNY 50,548,530.87, the total payout to shareholders represents 41.92% of the year's net profit.