Shanghai airport announces interim cash dividend for first half of 2025
Shanghai International Airport Co. has announced a cash dividend of CNY 0.21 per share for its A-share holders for the first half of 2025. The plan, approved by the company's board on August 28, 2025, will not require further shareholder approval due to prior authorization. The company confirmed no capital reserve will be converted into share capital and no bonus shares will be issued.
The record date for A-shares is set for October 15, 2025, with the ex-dividend date and cash dividend payment date both scheduled for October 16, 2025. The total cash dividend to be distributed amounts to CNY 522,550,767.69, based on 2,488,336,989 shares. This represents a cash dividend ratio of 50.05% for the first half of the year.
Taxation on the dividend will vary for different investor types. For natural person shareholders and investment funds holding shares for over one year, dividends are temporarily exempt from individual income tax. Qualified Foreign Institutional Investors (QFIIs) and Hong Kong market investors via Stock Connect will face a 10% withholding tax, resulting in a net cash dividend of CNY 0.189 per share. Other institutional investors and corporate shareholders are responsible for their own tax payments.
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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