Dividend policy of B.Grimm Power
The policy of the board of directors of B.Grimm Power is to recommend to B.Grimm Power's shareholders an annual dividend of not less than 40% of the adjusted profit (net profit not including unrealized gain or loss on exchange rate and non-recurring income or expense) after tax under the consolidated financial statements of B.Grimm Power after deduction of all specified reserves, subject to B.Grimm Power's investment plans and other considerations that the board deems appropriate.
Dividend policy of our subsidiaries and joint ventures
The dividend policy of our subsidiaries and joint ventures will be approved by the board of directors of each subsidiary and joint venture and further approved at a shareholders’ meeting of such company each year. From time to time, the board of directors of each subsidiary and joint venture may declare interim dividends and report such payments at the shareholders’ meeting for acknowledgment at the next shareholders’ meeting. The dividend will be paid out of net profit after tax under the standalone financial statements of each subsidiary and joint venture after deduction of all specified reserves, subject to investment plans and other considerations that the board of each subsidiary and joint venture deems appropriate.
|Board Date||X-Date||Payment Date||Dividend Type||Dividend (Per Share)||Operation Period|
|28 Feb 2018||20 Mar 2018||11 May 2018||Cash Dividend||0.30||01 Jan 2017 - 31 Dec 2017|