Kweichow Moutai Co.,Ltd. is distributing a cash dividend exceeding 35 billion yuan today.
The company, listed as Kweichow Moutai Co.,Ltd. (600519.SH), issued an announcement on June 21 regarding the implementation of its 2025 annual rights distribution. The plan is based on a total of 1,250,081,601 shares, excluding those held in the repurchase account. A cash dividend of 28.02423 yuan per share, inclusive of tax, will be paid, equating to 280.24 yuan for every ten shares. The total cash dividend payout amounts to approximately 35,033,000,000 yuan. The equity registration date was June 25, with the ex-dividend date and cash dividend payment date set for June 26.
This dividend plan was approved at the 2025 annual general meeting of shareholders held on June 11. The company had previously completed its initial 6-billion-yuan share repurchase and a subsequent 3-billion-yuan repurchase, with the shares subsequently cancelled. To maintain the total dividend amount, the per-share dividend was adjusted upward from the initial proposal of 27.993 yuan to 28.02423 yuan. Combined with the interim dividend already distributed for 2025, the total annual cash dividend payout reaches 65,033,000,000 yuan, setting a new historical record for the company's total dividend distribution.
Following the execution of this dividend payment, the cumulative cash dividends paid by Kweichow Moutai since its listing will surpass 400 billion yuan.
As of the market close on June 25, the share price of Kweichow Moutai was 1,212.1 yuan per share. The stock has declined by approximately 12% year-to-date, with the company's current total market capitalization exceeding 1.51 trillion yuan.
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