March 15, 2017 / 2:55 AM / 4 months ago

BRIEF-Hengdian Group DMEGC Magnetics announces FY 2016 dividend payment

1 Min Read

March 15 (Reuters) - Hengdian Group DMEGC Magnetics Co Ltd :

* Says it plans to use undistributed profits to pay a cash dividend of 0.6 yuan (pre-tax) per 10 shares to shareholders for FY 2016

* To use additional paid-in capital to distribute 10 new shares for every 10 shares

Source text in Chinese: goo.gl/eUJpaB

Further company coverage: (Beijing Headline News)

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