Shanghai Pudong Development Bank to Pay RMB 4.27 per Share in Preferred Stock Dividends (Pre-Tax)

Deep News11-25

On November 25, Shanghai Pudong Development Bank Co., Ltd. (SPD Bank) announced that its board of directors approved the dividend distribution plan for the first tranche of its preferred shares ("SPD Preferred 1") on the same day.

The interest accrual period for this dividend distribution begins on December 3, 2024. Based on the coupon dividend rate of 4.27% during the third dividend adjustment period for SPD Preferred 1, the bank will distribute a cash dividend of RMB 4.27 per share (pre-tax), totaling RMB 640.5 million (pre-tax).

The dividend will be paid to all registered holders of SPD Preferred 1 as of the close of trading on December 2, 2025, according to the records of China Securities Depository and Clearing Corporation Limited Shanghai Branch. The dividend payment date is set for December 3, 2025.

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