2024-06-06 09:25:36 ET
Summary
- Lufax is an attractive dividend play, considering its high-single-digit percentage consensus forward FY 2025/26 dividend yields.
- Lufax's loan-related metrics like loan mix and take rate for the most recent quarter were pretty good, and this bodes well for Lufax's future financial performance.
- I leave my Buy rating for LU stock unchanged after evaluating the company's latest quarterly loan metrics and its dividend outlook.
Elevator Pitch
Lufax Holding Ltd ( LU ) [6623:HK] is awarded a Buy rating. My previous article written on March 22, 2024 highlighted the company's Q4 2023 financial performance and its proposed special dividend....
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For further details see:
Lufax Stock: Watch Future Dividends And Loan Metrics