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BEIJING - KANZHUN LIMITED (NASDAQ:BZ; HKEX:2076), a Chinese online recruitment platform with a market capitalization of nearly $10 billion, announced Wednesday that its board of directors has approved an annual dividend policy with an initial payout of $0.084 per ordinary share, or $0.168 per American Depositary Share (ADS). The company, which has delivered an impressive 55% return year-to-date according to InvestingPro data, is initiating its first dividend program.
The total dividend distribution will amount to approximately $80 million, to be funded from the company’s existing cash reserves. With a perfect Piotroski Score of 9 and more cash than debt on its balance sheet, as reported by InvestingPro, the company appears well-positioned to maintain this commitment. The record date for both ordinary shareholders and ADS holders is set for October 8, 2025.
Payment is expected around October 16, 2025, for ordinary shareholders and October 23, 2025, for ADS holders. The ex-dividend date will be October 6, 2025, for Hong Kong-listed shares and October 8, 2025, for ADSs.
"We are pleased to declare this dividend policy as a token of appreciation to our shareholders for their continued support," said Jonathan Peng Zhao, Founder, Chairman and Chief Executive Officer of the company, according to the press release.
For ordinary shareholders to qualify for the dividend, all valid transfer documents with relevant share certificates must be submitted to the company’s Hong Kong branch share registrar by 4:30 p.m. on October 8, 2025.
KANZHUN LIMITED operates BOSS Zhipin, an online recruitment platform in China that connects job seekers with employers. The dividend announcement comes as the company demonstrates strong operational performance, with an impressive 83% gross profit margin and annual revenue of over $1 billion, according to InvestingPro. The company expresses confidence in its business model and growth prospects, with analysts predicting continued profitability this year. [Get 12 more exclusive InvestingPro Tips and detailed financial analysis for KANZHUN LIMITED with an InvestingPro subscription.]
In other recent news, Kanzhun Limited reported second quarter earnings that surpassed analyst expectations. This performance was attributed to strong user growth and enhanced operational efficiency. Additionally, the company announced an expansion of its share repurchase program, now authorizing the buyback of up to $250 million of its shares, including American depositary shares. The board approved amendments to the program, initially set at $150 million, and extended it through August 28, 2026. These developments reflect Kanzhun’s ongoing commitment to enhancing shareholder value. Furthermore, the company’s strategic decisions are likely to be closely watched by investors and analysts.
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