Nasbhai
2023-03-14

$Lufax(LU)$ No longer high divident payout quarterly  Disappointment 

* NET INTEREST INCOME INCREASED BY 3.2% TO RMB4,369 MILLION (US$633 MILLION) IN Q4 OF 2022

* LUFAX HOLDING - UNDER REVISED DIVIDEND POLICY, CO WILL DECLARE RECURRING CASH DIVIDEND SEMI-ANNUALLY

* LUFAX HOLDING - AMOUNT OF SEMI-ANNUAL DIVIDEND DISTRIBUTIONS FOR EACH YEAR IS EQUIVALENT TO APPROX 20% TO 40% OF CO'S NET PROFIT IN SUCH FISCAL YEAR

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
13