Postal Savings Bank of China Co., Ltd. (PSBC) updated its dividend notice, confirming a final ordinary dividend of RMB 0.953 per 10 shares for the financial year ended 31 December 2025.
Key terms of the distribution are as follows:
• Currency & Amount – Hong Kong register shareholders will receive HKD 1.1002764 per 10 shares, based on an exchange rate of RMB 1 : HKD 1.1545397658. – Shareholders may elect to receive the dividend in RMB (RMB 0.953 per 10 shares); partial currency election is not available.
• Timetable – Ex-dividend date: 3 July 2026 – Latest time to lodge share transfers: 6 July 2026, 16:30 – Book-close period: 7 July – 10 July 2026 – Record date: 10 July 2026 – Dividend payment date: 19 August 2026
• Shareholder Approval – Dividend approved at the 2025 Annual General Meeting on 26 June 2026.
• Withholding Tax – Non-resident enterprise shareholders: 10% withholding. – Non-resident individual shareholders: • 10% for Hong Kong/Macau residents or jurisdictions with a 10% treaty rate. • 10% provisional rate for treaty rates below 10%. • 20% for treaty rates of 20% or where no treaty applies. – Southbound Trading mainland individual investors and mainland securities investment funds: 20% withholding, with eligibility for tax credits subject to PRC regulations.
The current update clarifies the default payment currency for Hong Kong shareholders and the applicable exchange rate. All other terms of the dividend remain unchanged.
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