Yum China considers quarterly dividend amid share repurchase activities

Yum China Holdings Inc. (HKEX:9987) is weighing the declaration and payment of a quarterly dividend, with a decision expected around April 30, 2025. This announcement coincides with the company's ongoing share repurchase activities. On April 15, 2025, Yum China repurchased 53,580 shares on the NYSE at prices ranging from USD44.32 to USD45.52, totaling USD2,399,966.08. Simultaneously, on the Hong Kong Exchange, the company repurchased 13,250 shares for HKD4,639,279.48, with prices ranging from HKD344 to HKD354.4. These repurchases were conducted under a mandate approved on May 23, 2024, which authorized the repurchase of up to 38,946,640 shares. To date, Yum China has repurchased 16,145,571 shares, representing 4.15% of the issued shares as of the mandate's date. The company is also settling awards granted under its long-term incentive plans, issuing 42 new shares at USD44.56. Yum China is subject to a moratorium on new share issues or treasury share transfers for 30 days after share repurchases.