China Yangtze Power to distribute 2024 annual cash dividend

Published 16/07/2025, 10:58
China Yangtze Power to distribute 2024 annual cash dividend

SHANGHAI - China Yangtze Power Co., Ltd. (SHA:600900) announced Wednesday it will distribute its 2024 annual cash dividend of 0.733 yuan per share (tax included) to shareholders on July 18, 2025.

The dividend distribution, approved at the company’s annual general meeting on May 22, is based on the company’s total share capital of 24,468,217,716 shares, according to a press release statement. The total cash dividend payout amounts to 17.94 billion yuan (tax included).

Shareholders registered with China Securities Depository and Clearing Corporation Limited Shanghai Branch by the afternoon of July 17, 2025, will be eligible to receive the dividend. The ex-dividend date is set for July 18, 2025.

The company noted it had previously distributed an interim cash dividend of 0.21 yuan per share (tax included) for 2024. Combined with the current distribution, the total cash dividend for 2024 will be 0.943 yuan per share, with an aggregate payout of 23.07 billion yuan.

For Global Depository Receipt (GDR) investors trading on the London Stock Exchange (LON:LSEG), dividends will be distributed through Citibank as custodian, with a 10% withholding tax applied in accordance with Chinese tax regulations. GDR investors will receive their dividends on July 25, 2025, London time.

The company stated it will not withhold income tax on cash dividends for other shareholders, who will be responsible for paying applicable taxes according to local tax laws.

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