Shineway Doubles Dividend Payout and Guarantees Compound Increase in Future Annual Dividend Based on Net Profit Growth
China Shineway Pharmaceutical Group Limited (stock code: 2877.HK) announced that it has adopted a new dividend policy that would bring impressive cash dividend return to its shareholders and becoming a "cash-cow of sustainable growth". The new dividend policy is summarized as followed:
Shineway is confident that this new dividend policy which guarantees compound increase in future annual dividend based on net profit growth would attract long-term investors to invest in Shineway's shares.
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19/07/2021 Dissemination of a Financial Press Release, transmitted by EQS Group.