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China Merchants Bank raises A share dividend

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China Merchants Bank raises A share dividend

China Merchants Bank Co. Ltd. declared a dividend of 74 fen per A share for 2016, up from 69 fen per A share for 2015.

The dividend will be paid out June 14 to shareholders on record as of June 13, according to a document dated June 6.

As of June 5, US$1 was equivalent to 6.80 Chinese yuan.