China Mengniu Dairy Company Limited, a leading dairy producer headquartered in Hohhot, Inner Mongolia, China, has announced an update to its final dividend for the fiscal year ending December 31, 2024. The dividend will be distributed in Hong Kong dollars with updated currency conversion details, offering transparency to investors ahead of the June 2025 payout.
China Mengniu Dairy Company Limited, headquartered in Hohhot, Inner Mongolia, and a major player in China’s dairy industry, has announced an update to its final cash dividend for the financial year ending December 31, 2024.
The company declared a final dividend of USD $0.0713 per share, converted from RMB 0.509, which will be paid in Hong Kong dollars at a rate of HKD 0.5564 per share, using a conversion rate of RMB 1 = HKD 1.0931. The ex-dividend date is set for June 16, 2025, and payment will be made on June 27, 2025.
This update reflects revised currency parameters for the dividend payout, offering clarity to shareholders—particularly those in Hong Kong and global markets—regarding their expected returns.
Founded in 1999, China Mengniu Dairy focuses on the production of dairy products such as milk, yogurt, and ice cream. The company is publicly listed on the Hong Kong Stock Exchange and stands among the leading dairy suppliers in the Asia-Pacific region.
Analysts currently hold a ‘Buy’ recommendation on the stock, with a target price of HKD 21.00. Further investor insights can be found on the company’s Stock Forecast page.
Despite sectoral headwinds and economic variability, China Mengniu Dairy continues to maintain stability through transparent communication with shareholders and reliable dividend practices—underscoring investor trust in its long-term performance.
