Shares of China XLX Fertilizer Surge Over 6% in Early Trading, Final Dividend Payout Ratio Leaps to 44%

Stock News06-12

Shares of CHINA XLX FERT (01866) rose nearly 6% in early trading. At the time of writing, the stock was up 5.18% at HK$10.15, with a turnover of HK$139.502 million.

The company is set to officially distribute a final dividend for 2025 of RMB 0.32 per share on July 28, representing a year-on-year increase of 23%. Notably, the dividend payout ratio has seen a significant jump from 23% in 2024 to 44%.

CHINA XLX FERT has maintained annual cash dividends for six consecutive fiscal years since 2020, with the dividend per share showing an overall upward trend.

It is also worth noting that major shareholders of the company have been actively increasing their holdings recently. In late May, Chairman Liu Xingxu made five consecutive purchases of CHINA XLX FERT shares, acquiring a total of 4.094 million shares for approximately HK$43 million, raising his stake to 32.70%. On June 4, Executive Director Yan Yunhua bought 600,000 shares, investing nearly HK$6 million. On June 5, Yan Yunhua purchased an additional 312,000 shares, spending about HK$3.05 million.

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