Banyan Tree Holdings Announces Dividend Payout for FY2024

Banyan Tree Holdings Limited, a leading global hospitality group, has announced the key details of its proposed first and final dividend for the financial year ended 31 December 2024. This news is likely to be of interest to the company’s shareholders and potential investors, as it could have a significant impact on the share price.

Key Highlights:

• Banyan Tree Holdings is proposing a first and final tax-exempt (one-tier) dividend of 1.30 cents per ordinary share for the financial year ended 31 December 2024 [[1]].
• The company’s Share Transfer Books and Register of Members will be closed at 5:00 p.m. on 2 May 2025 to determine shareholders’ entitlements to the proposed dividend [[1]].
• Shareholders whose securities accounts with The Central Depository (Pte) Limited are credited with shares as at 5:00 p.m. on the Record Date (2 May 2025) will be eligible to receive the proposed dividend [[1]].
• The proposed dividend, if approved at the Twenty-fifth Annual General Meeting on 22 April 2025, will be paid on 23 May 2025 [[1]].

Potential Impact on Share Price

The announcement of the proposed dividend is likely to be viewed positively by investors, as it demonstrates Banyan Tree Holdings’ commitment to returning value to its shareholders. The dividend payout, if approved, could have a favorable impact on the company’s share price, as it may attract more investors and increase demand for the stock.

Additionally, the timing of the dividend payment, which is scheduled for 23 May 2025, could also be a factor that influences the share price. Investors may view the company’s ability to maintain a consistent dividend payout as a sign of financial stability and strong performance, potentially leading to increased investor confidence and a corresponding rise in the share price.

It is important for investors to closely follow the company’s financial updates and any further developments related to the proposed dividend, as this information can have a significant impact on the valuation of Banyan Tree Holdings’ shares.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with a financial advisor before making any investment decisions.

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