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泸州老窖股份有限公司 2024年度分红派息实施公告
Core Viewpoint - The company has announced its profit distribution plan for the fiscal year 2024, which includes a cash dividend of 45.92 RMB per 10 shares, amounting to approximately 6.759 billion RMB in total [1][2]. Summary by Sections Profit Distribution Plan - The profit distribution plan for 2024 is based on a total share capital of 1,471,951,503 shares, with a cash dividend of 45.92 RMB per 10 shares (including tax), resulting in a total cash distribution of about 6.759 billion RMB [1][2]. - The distribution plan will not include stock dividends or capital reserve transfers to increase share capital [1]. Implementation Details - The total share capital has not changed since the announcement of the distribution plan [1]. - The distribution plan is consistent with what was approved at the shareholders' meeting [1]. Dividend Payment Dates - The record date for the dividend distribution is set for August 7, 2025, and the ex-dividend date is August 8, 2025 [2]. Dividend Recipients - The dividend will be distributed to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, as of the record date [2]. Distribution Method - Cash dividends for A-share shareholders will be directly credited to their accounts through their securities companies on the ex-dividend date [3]. - The company will bear all legal responsibilities if there are insufficient funds for the dividend distribution due to a decrease in shares held by shareholders during the application period [4].
Imperial Oil(IMO) - 2025 Q2 - Earnings Call Transcript
2025-08-01 16:00
Financial Data and Key Metrics Changes - The company reported net income of $949 million, down $184 million from 2024, primarily due to lower upstream realizations, partially offset by higher production volumes [8][9] - Cash flow from operations was nearly $1.5 billion, with $2.4 billion in cash on hand at the end of the quarter [4][10] - Capital expenditures totaled $473 million, which is $11 million higher than 2024, primarily due to project timing [11] Business Line Data and Key Metrics Changes - Upstream earnings were $664 million, down $67 million from the first quarter, primarily due to lower realizations [9] - Downstream earnings were $322 million, down $262 million from the first quarter, mainly reflecting lower margin capture [9] - Chemical business generated earnings of $21 million, down $10 million from the first quarter [10][22] Market Data and Key Metrics Changes - Upstream production averaged 427,000 oil equivalent barrels per day, up 9,000 barrels per day versus the first quarter and up 23,000 barrels per day versus 2024 [13] - Kearl production set a second quarter record averaging 275,000 barrels per day gross, up 19,000 barrels per day versus the first quarter [14] - Petroleum product sales were 480,000 barrels per day, up 25,000 barrels per day versus 2025, enabled by the Trans Mountain pipeline expansion [21] Company Strategy and Development Direction - The company is focused on returning surplus cash to shareholders and has accelerated share repurchases through its NCIB program [7][25] - Major project milestones include the completion of the renewable diesel facility at Strathcona and the start of production in July [20][23] - The company is optimistic about future investments and government support for major projects in Canada [6] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate market volatility and maintain safe, reliable operations [5] - The outlook for the second half of the year is strong, with expectations for higher production volumes and further progress on unit cash cost reductions [16][24] - Management emphasized the importance of technology and operational efficiency in driving future growth [41][46] Other Important Information - The company plans to maintain a disciplined approach to capital allocation, prioritizing reliable and growing dividends [90] - The renewable diesel project aligns with the company's long-term strategy of advancing responsible energy solutions [20] Q&A Session Summary Question: Why was the decision made to accelerate the NCIB? - Management expressed confidence in completing the NCIB without leveraging the balance sheet, supported by strong cash flow and commodity prices [29][30] Question: What drives the investment case for Imperial despite strong year-to-date performance? - Management highlighted their strategy of responsibly increasing cash flow and delivering unmatched shareholder returns, supported by competitive advantages and technology [32][35] Question: Insights on the autonomous fleet technology? - Management noted the success of the autonomous haul system, which has reduced unit cash costs and is part of a broader technology strategy [40][42] Question: Status of the SAGD projects at Cold Lake? - Management discussed the competitive advantage of using solvent-assisted SAGD technology and the timeline for upcoming projects [100][105] Question: CapEx spending lower than expected, what drove that? - Management indicated that the lower spending was due to timing effects, with no change to the full-year guidance [67][69]
天佑德酒: 2024年度权益分派实施公告
Zheng Quan Zhi Xing· 2025-07-01 16:40
Core Viewpoint - The company has approved a profit distribution plan for the fiscal year 2024, which includes cash dividends and details on the distribution process [1][2][4]. Summary by Sections Profit Distribution Plan Approval - The company held meetings on April 22, 2025, and June 19, 2025, to approve the 2024 profit distribution plan [1]. - The plan proposes a cash dividend of 0.11 RMB per 10 shares, with a total cash distribution amounting to 21,208,130.85 RMB, representing 50.33% of the net profit attributable to shareholders [1][2]. Details of the Distribution - The total share capital used for the distribution is 482,002,974 shares [2]. - The cash dividend will be distributed to all shareholders, with specific tax implications for different types of investors [2][3]. Key Dates - The record date for the distribution is set for July 9, 2025, and the ex-dividend date is July 10, 2025 [3]. Distribution Method - Cash dividends will be directly credited to the shareholders' accounts by their custodial securities companies [3]. Contact Information - The company provides contact details for inquiries regarding the distribution process [3].
Fifth Third Rewards Shareholders With New Share Repurchase Program
ZACKS· 2025-06-17 18:26
Core Viewpoint - Fifth Third Bancorp (FITB) has approved a new share repurchase authorization of up to 100 million shares, replacing the previous authorization of 11.8 million shares, providing flexibility for stock buybacks without a set expiration or price limit [1][2][7] Group 1: Share Repurchase Program - The new repurchase authorization allows for buybacks through open-market transactions or privately negotiated transactions, including Rule 10b5-1 programs [2] - The repurchase program can be modified, suspended, or discontinued based on market conditions and legal requirements [2] Group 2: Dividend Actions - In September 2024, FITB announced a 5.7% increase in its quarterly dividend to 37 cents per share, marking the fourth increase in the last five years [3] - The company has a payout ratio of 44%, and with a closing price of $38.32, the annualized dividend yield stands at 3.86% [3] Group 3: Financial Position - As of March 31, 2025, FITB had cash and due from banks totaling $17.9 billion, with total debt at $19.9 billion and short-term borrowings of $5.5 billion [4] - The common equity tier (CET) 1 ratio was reported at 10.45%, indicating room for enhancing capital distribution plans [4][5] Group 4: Market Performance - Over the past year, FITB shares have gained 6.2%, while the industry has seen a growth of 17.8% [6] - Currently, FITB holds a Zacks Rank of 3 (Hold) [8]
厦门银行: 厦门银行股份有限公司2024年年度权益分派实施公告
Zheng Quan Zhi Xing· 2025-06-17 10:17
Core Viewpoint - Xiamen Bank has announced a cash dividend distribution plan for its shareholders, with a specific payout amount and relevant dates for the distribution process [1][4]. Dividend Distribution Plan - The total share capital of Xiamen Bank is 2,639,127,888 shares, and the cash dividend per share is set at RMB 0.16 (including tax) [2][4]. - The key dates for the dividend distribution are as follows: - Record date: June 25, 2025 - Last trading date: June 26, 2025 - Ex-dividend date: June 26, 2025 [2][4]. Implementation Method - Cash dividends for A-share ordinary shareholders will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch [2]. - Shareholders who have completed designated transactions can receive their cash dividends on the distribution date at their designated securities business department [2]. Taxation on Dividends - For individual shareholders and securities investment funds holding shares for less than or equal to one month, the actual tax burden is 20%, with the entire dividend included in taxable income [3]. - For shares held between one month and one year, the tax burden is reduced to 10%, with 50% of the dividend included in taxable income [3]. - For shares held for over one year, the dividend income is exempt from personal income tax [3]. - For qualified foreign institutional investors (QFII), a 10% withholding tax applies, resulting in a net dividend of RMB 0.144 per share [3][5]. Contact Information - For inquiries regarding the annual equity distribution, shareholders can contact the board office at Xiamen Bank at 0592-5060112 [5].
Saratoga Investment Corp. Declares Dividends for the Second Quarter Fiscal 2026 of $0.75 Per Share, In the Aggregate – Paid in a Monthly Dividend of $0.25 Per Share
Globenewswire· 2025-06-12 12:30
Core Viewpoint - Saratoga Investment Corp. has declared a base quarterly dividend of $0.75 per share for the second quarter of fiscal 2026, continuing its strong dividend distribution history and providing a 12.5% dividend yield based on its recent stock price of $24.08 per share [1][2]. Dividend Declaration - The declared dividends for the second quarter of fiscal 2026 are as follows: - June 2025: $0.25 per share, record date July 8, 2025, payment date July 24, 2025 - July 2025: $0.25 per share, record date August 6, 2025, payment date August 21, 2025 - August 2025: $0.25 per share, record date September 4, 2025, payment date September 24, 2025 [1]. Historical Dividend Distributions - The total dividend for fiscal year 2026 is projected to be $1.50 per share, with consistent monthly dividends of $0.25 per share since fiscal Q1 2026 [3]. - Historical dividends per share for previous fiscal years include: - Fiscal 2025: $2.96 total, with quarterly distributions of $0.74 - Fiscal 2024: $2.86 total, with quarterly distributions of $0.71 to $0.73 - Fiscal 2023: $2.44 total, with quarterly distributions ranging from $0.53 to $0.69 [3]. Company Overview - Saratoga Investment is a specialty finance company focused on providing customized financing solutions to U.S. middle-market businesses, primarily through senior and unitranche leveraged loans and mezzanine debt [4]. - The company aims to generate attractive risk-adjusted returns through current income and long-term capital appreciation from its investments [4]. - Saratoga Investment is regulated as a business development company and is externally managed by Saratoga Investment Advisors, LLC [4].
浙江东方: 浙江东方金融控股集团股份有限公司2024年年度权益分派实施公告
Zheng Quan Zhi Xing· 2025-06-12 10:16
Core Viewpoint - The company has announced a differentiated cash dividend distribution plan for the fiscal year 2024, which was approved at the annual shareholders' meeting on May 22, 2025 [1][2]. Dividend Distribution Plan - The total share capital for the dividend distribution is 3,415,381,492 shares, from which 68,325,601 shares held in the repurchase account will be excluded, resulting in a base of 3,347,055,891 shares for the cash dividend distribution [2][3]. - A cash dividend of 0.84 RMB per 10 shares (including tax) will be distributed, totaling approximately 281,152,694.84 RMB (including tax) [2][3]. - The actual cash dividend per share, after accounting for the shares not participating in the distribution, is approximately 0.0823 RMB per share [3]. Relevant Dates - The record date for the dividend distribution is June 19, 2025, with the last trading day on June 20, 2025, and the ex-dividend date also on June 20, 2025 [1][3]. Implementation of Distribution - The cash dividends for unrestricted circulating shares will be distributed through the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the record date [3][4]. - Shareholders who have not completed designated trading will have their dividends held by the China Securities Depository and Clearing Corporation until they complete the necessary trading [3]. Taxation on Dividends - For individual shareholders, the actual cash dividend after tax will be 0.084 RMB per share, with tax implications based on the holding period [6]. - For qualified foreign institutional investors (QFIIs), the net cash dividend after a 10% withholding tax will be 0.0756 RMB per share [7]. - Other institutional investors will not have taxes withheld by the company, and the cash dividend will remain at 0.084 RMB per share [8].
6家湘企既分红也送转 近1400家公司2024年年报分红
Chang Sha Wan Bao· 2025-06-08 04:53
Group 1 - The core viewpoint of the articles highlights the active distribution of profit plans and dividends among A-share listed companies for the year 2024, with nearly 3,700 companies announcing their dividend plans and around 1,400 executing them [1] - Guizhou Moutai announced a dividend of 276.24 yuan per 10 shares, with a net profit of approximately 2.68 billion yuan and a year-on-year growth rate of 11.56% [2] - Among the companies that have announced dividend plans, 13 companies are distributing cash dividends of 30 yuan or more per 10 shares, including several liquor companies [2] Group 2 - The stock prices of A-share listed companies that have executed their 2024 dividend plans have shown stability, with 645 companies experiencing price increases on the ex-dividend date [3] - In the five trading days following the ex-dividend date, 670 companies saw their stock prices rise, with 67 companies achieving a cumulative increase of over 10% [3] Group 3 - Six listed companies in Hunan province are both distributing cash dividends and conducting stock transfers, with four companies planning to transfer four shares for every ten held [4] - The differences between stock transfers and stock bonuses are outlined, including tax implications and effects on net asset value per share [4]
长沙银行: 长沙银行股份有限公司2024年年度权益分派实施公告
Zheng Quan Zhi Xing· 2025-06-06 09:43
Core Points - The company announced a cash dividend of 0.42 yuan per share (including tax) for its A shares [1] - The dividend distribution plan was approved at the annual general meeting on May 21, 2025 [1] - The record date for shareholders is June 12, 2025, with the dividend payment date set for June 13, 2025 [1] Dividend Distribution Details - The total number of shares for the dividend calculation is 4,021,553,754 [1] - The cash dividend will be distributed through China Securities Depository and Clearing Corporation Limited Shanghai Branch [1] - Shareholders who have not completed designated transactions will have their dividends held by the clearing company until the transactions are processed [1] Taxation Information - For individual shareholders holding shares for less than one month, the tax rate on dividends is 20% [3] - For shares held between one month and one year, the effective tax rate is 10% [3] - Dividends for shares held over one year are exempt from personal income tax [3] - For natural persons and securities investment funds holding shares for one year or less, the company will not withhold tax at the time of dividend distribution [4] - For qualified foreign institutional investors (QFII), a 10% withholding tax will apply [4] - The actual cash dividend received by shareholders after tax will be 0.378 yuan per share for those subject to withholding [4]
Philips announces exchange ratio for 2024 dividend
GlobeNewswire News Room· 2025-06-05 08:00
Group 1 - Royal Philips announced a dividend exchange ratio of 1 new common share for every 23.6353 existing common shares, based on a volume weighted average price of EUR 20.0600, resulting in a gross dividend in shares of approximately EUR 0.85 [1] - A total of 22,980,748 new common shares will be issued as part of the dividend distribution [1] - Shareholders had the option to choose between a dividend in shares or cash, with 41.4% opting for cash, which is below the 50% maximum threshold [2] Group 2 - The delivery of new common shares and payment of cash dividends will occur from June 6, 2025, with the total issued share capital reaching EUR 192,584,026, equivalent to 962,920,132 common shares [3] - Royal Philips generated sales of EUR 18 billion in 2024 and employs approximately 67,200 people across more than 100 countries [5] - The company is a leader in health technology, focusing on diagnostic imaging, ultrasound, image-guided therapy, monitoring, and personal health solutions [5]