Chagee Holdings Limited Announces Special Dividend and Three-Year Payout Policy

Chagee Holdings Limited (CHA) shares saw an upward trend in early Thursday trading following the announcement of a special cash dividend. The board of directors has approved a payout of approximately $1.95 per ordinary share or American Depositary Share (ADS). In addition to the one-time special payment, the company has established a new three-year dividend policy aimed at providing consistent returns to shareholders. The special dividend is scheduled to be payable on or about December 4.

By https://seekingalpha.com/author/sa-editor-clark-schultz · Seeking Alpha ·

Chagee Holdings Limited Announces Special Dividend and Three-Year Payout Policy

Tickers: $CHA

Topics: Shareholder Returns Special Dividend Stock Rally

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