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丰乐种业:未来三年每年现金分红的利润不少于当年度实现的可分配利润的10%

Hefei Fengle Seed: The profit for annual cash dividends in the next three years shall be no less than 10% of the distributable profits of the current year.

Breakings ·  Nov 13 19:42

Hefei Fengle Seed announced that the company has released the shareholder return plan for 2024 to 2026. The plan aims to ensure the continuity and stability of profit distribution, emphasizing reasonable returns for investors. The company will distribute profits through cash, stocks, or a combination of both. When cash dividend conditions are met, priority will be given to cash dividends, with the profit for annual cash dividends not less than 10% of the distributable profits of the current year. Depending on the company's development stage and capital expenditure arrangements, the cash dividend ratio can range from 20% to 80% at minimum. In addition, if the company's operational condition is good, stock dividends will also be considered. The plan will take effect after approval at the shareholders' meeting.

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