Investors
投資人專區
Dividend History
| Dividend Per Common Share | ||||
|---|---|---|---|---|
| Period | Cash Dividend | Stock Dividend | Total | Distribution Date |
| 2022H2 | 1.0 | 0 | 1.0 | 2023/04/20 |
| 2022H1 | 1.2 | 0 | 1.2 | 2022/11/04 |
| 2021 | 3.8 | 0 | 3.8 | 2022/07/29 |
| 2020 | 3.6 | 0 | 3.6 | 2021/09/17 |
Dividend distribution
If the company’s annual financial statements show a surplus, the following steps should be taken:
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First, settle the tax payments.
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Offset any accumulated losses.
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Include any items beyond the current period’s net profit after tax in the amount of undistributed profits for the current year.
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Allocate 10% as statutory surplus reserves.
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Allocate or reverse special surplus reserves in accordance with regulatory authorities’ requirements.
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If there is still a surplus remaining, add it to the beginning of the year’s undistributed profits (including adjusted undistributed profit amounts).
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The board of directors should prepare a profit distribution proposal and submit it to the shareholders’ meeting for approval. However, if profit distribution is in the form of cash dividends, it can be decided by the board of directors.
Shareholder profit distribution can be made through cash dividends and stock dividends. The distribution ratio for profit distribution can be determined based on actual profits and financial conditions, with a minimum of 20% of distributable profits. However, if the per-share profit under the aforementioned distribution methods is less than 0.1 yuan, the board of directors may propose not to distribute it and seek approval from the shareholders’ meeting. Shareholder dividends can be distributed as follows: cash dividends should be at least 10% of the total dividend amount, while stock dividends can range from 0% to 90% of the total dividend amount.
