Lufax Says It Determined That No Semi-annual Dividend Shall Be Paid At This Time In Light Of Net Loss Recorded For H1
Portfolio Pulse from Benzinga Newsdesk
Lufax has announced that it will not pay a semi-annual dividend due to a net loss recorded in the first half of the year.
August 21, 2024 | 10:06 pm
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Lufax has decided not to pay a semi-annual dividend due to a net loss in the first half of the year, impacting dividend expectations.
The decision to not pay a dividend is directly related to the company's financial performance, specifically the net loss recorded. This is likely to negatively impact investor sentiment as dividends are a key factor for many investors in their decision-making process.
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