Rare Turnaround in Dividends! Leading Distributor Hears Shareholders' Suggestions, Hai Yue Increases Dividend per Share from 9 Yuan to 10 Yuan

Reported about 1 year ago

On June 18, 2024, Hai Yue held a shareholder meeting where, following a proposal from minority shareholders, they decided to increase dividend distribution from 9 yuan to 10 yuan per share, with cash dividends maintained at 7 yuan and stock dividends increased from 2 yuan to 3 yuan. The company recognized its solid financial performance from the past year and positive prospects for the real estate market, attributing the decision to the shareholders' proposal and the company's belief in sustained growth.

Source: YAHOO

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