Machinery group adjusts 2024 dividend payout upwards
Zhengzhou Coal Mining Machinery Group has announced an adjustment to its proposed cash dividend distribution for the 2024 fiscal year. While the per-share dividend remains unchanged at CNY 1.12 (inclusive of tax), the total cash dividend payout has been increased from CNY 1,956,059,168.00 to CNY 1,999,647,921.60 (inclusive of tax). This adjustment is due to a change in the number of shares eligible for dividend distribution, resulting from a non-trading transfer related to an employee stock ownership plan. The company emphasized that the adjustment aligns with its commitment to shareholder returns, with the revised dividend representing 50.83% of the net profit attributable to shareholders for the year.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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