<div id="readability-page-1">China Merchants Bank Co ( (HK:3968) ) has shared an update.China Merchants Bank has declared a final ordinary cash dividend of RMB 1.003 per share for the year ended 31 December 2025, with shareholders approving the payout on 25 June 2026. For H-share investors in Hong Kong, the default payment will be HKD 1.153271 per share, based on an exchange rate of RMB 1 to HKD 1.149822, with the option to receive the dividend in RMB instead.Key timetable dates include an ex-dividend date of 2 July 2026, a record date of 9 July 2026, and a payment date set for 21 August 2026, with the deadline for currency option elections on 29 July 2026. The bank will withhold a 10% tax on dividends paid to non-resident individual and enterprise H-shareholders, as well as Northbound Trading investors, which may influence net returns and tax planning for overseas and cross-border investors. The most recent analyst rating on (HK:3968) stock is a Buy with a HK$53.50 price target. To see the full list of analyst forecasts on China Merchants Bank Co stock, see the HK:3968 Stock Forecast page. <div> More about China Merchants Bank Co China Merchants Bank Co., Ltd. is a leading Chinese commercial bank, with its H shares listed in Hong Kong under stock code 03968. The bank focuses on retail and corporate banking services, serving domestic and international clients and providing shareholders with regular cash dividends as part of its capital return policy. Average Trading Volume: 14,871,702 Technical Sentiment Signal: Buy Current Market Cap: HK$1067.7B </div><div> See more insights into 3968 stock on TipRanks’ Stock Analysis page. </div></div>

03968

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China Merchants Bank declared a final cash dividend of RMB 1.003 per share for 2025, payable in HKD 1.153271 for H-shareholders. Key dates include an ex-dividend date of July 2, 2026, and payment on August 21, 2026. A 10% withholding tax applies to non-resident H-shareholders. The bank maintains a 'Buy' rating with a HK$53.50 price target.

China Merchants Bank Sets 2025 Final Dividend and Withholding Tax Terms for H-Shareholders