China Minsheng Banking Corp., Ltd. (Minsheng Bank) has released details of its 2025 final dividend, set at RMB 0.53 per 10 shares on a tax-inclusive basis.
Key points:
1. Dividend Amount and Currency • The declared cash dividend is RMB 0.53 per 10 shares. • H-shareholders will automatically receive the payout in Hong Kong dollars unless they submit a currency election to receive it in Renminbi. • For those opting for Hong Kong dollars, the conversion will follow the People’s Bank of China benchmark exchange rate applicable on the date of the Bank’s 2026 annual general meeting.
2. Election Mechanics and Deadline • Shareholders wishing to receive the dividend in Renminbi must complete and return the “Dividend Currency Election Form” to Computershare Hong Kong Investor Services Limited. • The form must arrive no later than 4:30 p.m. (Hong Kong time) on Friday, 17 July 2026. • No action is required for shareholders who prefer to receive the dividend in Hong Kong dollars.
3. Operational Notes • Shareholders electing Renminbi should ensure their bank accounts can accept RMB cheques. The Bank notes that clearing RMB cheques in Hong Kong may incur handling charges or delays, and acceptance outside Hong Kong is not guaranteed. • The Bank will consider compliance with the submitted election form as full discharge of its dividend payment obligations.
4. Reference Communications The dividend details align with the Bank’s announcements dated 30 March 2026, 28 May 2026 and 17 June 2026, which outlined the distribution terms, currency options for H-shareholders, and the exchange-rate mechanism.
With the election window now open, shareholders are advised to review their preferred currency arrangements ahead of the 17 July 2026 deadline to ensure timely receipt of the 2025 final dividend.
Comments