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Assessing SITC International Holdings (SEHK:1308) Valuation After Its Confidence-Boosting Special Dividend Announcement
SITC International Holdings (SEHK:1308) has just declared a special cash dividend of HKD 0.70 per share, which is a clear signal that management is comfortable returning extra cash to shareholders on top of regular payouts.
See our latest analysis for SITC International Holdings.
The special dividend announcement comes after a strong run, with the share price at HK$27.74 and a robust year to date share price return. The one year total shareholder return of 58.02 percent suggests momentum is...