CR Beverage Sets Minimum Annual Dividend Payout for 2026-2028 Period

Stock News06-24

CR BEVERAGE (HKEX: 02460) has announced a dividend policy aimed at enhancing shareholder returns.

The company stated that, in order to increase returns for its shareholders and after considering factors including but not limited to shareholder investment returns, the company's profitability and cash flow, development needs, and financial stability, it expects to declare an annual dividend for each fiscal year from 2026 to 2028 of no less than RMB 0.37 per share.

This dividend plan encompasses the total of any interim, final, and special dividends declared for the relevant fiscal years.

The company will periodically determine more favorable dividend distribution plans based on its performance growth.

The formulation of this dividend policy focuses on long-term and sustainable development, as well as meeting shareholder return expectations and preferences, with the goal of establishing a consistent and stable return mechanism for investors and maintaining the continuity and stability of profit distribution.

The policy was developed after comprehensive consideration of the company's current development stage and future plans, profitability, cash flow position, social cost of capital, external financing environment, and by fully taking into account and responding to shareholder opinions and demands.

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