CMMT’s dividend policy
The Company’s dividend policy takes into consideration factors such as current/future development plan, investment environment, capital needs, and domestic/overseas competition, as well as shareholders’ interests. Every year, the distributable net profit may not be higher than 80% of the shareholders’ dividends and bonus; however, when the cumulative distributable net profit is lower than 50% of the paid-up capital, it is permissible not to issue dividends.
The common stock dividends may be issued in cash and/or shares; the issuance of cash dividends may not be lower than 10% of the total common stock dividends.
Dividends issuance in recent years
Year |
Shareholders’ meeting date |
Cash dividends |
Stock dividends |
Ex-dividend/ex-rights date |
2023 |
2024/06/07 |
0 |
0 |
0 |
2022 |
2023/06/27 |
0.30026680 |
0 |
2023/07/17 |
2021 |
2022/06/27 |
0.5 |
0 |
2022/07/15 |
2020 |
2021/04/30 |
0 |
0 |
- |
2019 |
2020/04/30 |
0 |
0 |
- |
2018 |
2019/06/28 |
0 |
0 |
- |