Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend

Rhea-AI Summary

Yum China Holdings (NYSE: YUMC and HKEX: 9987) has announced that its Board of Directors will consider declaring and paying a quarterly dividend. The decision is expected to be made on or around April 30, 2025 (Beijing/Hong Kong Time).

This announcement comes in compliance with the Hong Kong Stock Exchange (HKEX) rules, which require advance notice of board meetings where dividend declarations are to be discussed. The company emphasizes that no Board resolution regarding the dividend has been adopted yet, and there is no guarantee that it will be declared.

If approved, the dividend declaration will be promptly disclosed by the company through its Investor Relations website and HKEX filings.

Positive

• Company maintains regular dividend consideration schedule, indicating financial stability
• Dual-listed status on NYSE and HKEX provides broader investor access and liquidity

Negative

• Uncertainty around dividend declaration may create short-term market volatility
• No specific dividend amount or policy details provided

News Market Reaction

-1.39%

1 alert

-1.39% News Effect

On the day this news was published, YUMC declined 1.39%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

SHANGHAI, April 16, 2025 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "HKEX") which require advance notice of board meetings at which a dividend is expected to be declared, that its board of directors (the "Board") will consider the declaration and payment of a quarterly dividend (the "Dividend"). If the Board decides to proceed, the declaration will be adopted by Board resolution on or around April 30, 2025 (Beijing/Hong Kong Time) and will be promptly disclosed by the Company.

The Company makes available through the Investor Relations section of its internet website at http://ir.yumchina.com its filings with the HKEX as soon as reasonably practicable after electronically filing such materials with the HKEX. These filings may also be obtained by visiting the HKEX's website at http://www.hkex.com.hk. 

As no Board resolution in relation to the Dividend has been adopted as of the date of this press release, there is no assurance that the Dividend will be declared.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "project," "likely," "will," "continue," "should," "forecast," "outlook" or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q) for additional detail about factors that could affect our financial and other results.

About Yum China Holdings, Inc. 

Yum China is the largest restaurant company in China with a mission to make every life taste beautiful. The Company operates over 16,000 restaurants under six brands across around 2,200 cities in China. KFC and Pizza Hut are the leading brands in the quick-service and casual dining restaurant spaces in China, respectively. In addition, Yum China has also partnered with Lavazza to develop the Lavazza coffee concept in China. Little Sheep and Huang Ji Huang specialize in Chinese cuisine. Taco Bell offers innovative Mexican-inspired food. Yum China has a world-class, digitalized supply chain which includes an extensive network of logistics centers nationwide and an in-house supply chain management system. Its strong digital capabilities and loyalty program enable the Company to reach customers faster and serve them better. Yum China is a Fortune 500 company with the vision to be the world's most innovative pioneer in the restaurant industry. For more information, please visit http://ir.yumchina.com. 

Investor Relations Contact
Tel: +86 21 2407 7556
E-mail: IR@yumchina.com 

Media Contact
Tel: +86 21 2407 8288 / +852 2267 5807
E-mail: Media@yumchina.com 

 

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SOURCE Yum China Holdings, Inc.

FAQ

When will Yum China (YUMC) make its dividend decision for Q2 2025?

Yum China's Board will make its dividend decision on or around April 30, 2025 (Beijing/Hong Kong Time).

Where can investors find Yum China's (YUMC) dividend announcement when released?

The announcement will be available on Yum China's Investor Relations website (ir.yumchina.com) and the HKEX website (www.hkex.com.hk).

Is Yum China (YUMC) guaranteed to declare a dividend for Q2 2025?

No, there is no guarantee. The company explicitly states that no Board resolution has been adopted yet regarding the dividend.

Why did Yum China (YUMC) make this pre-announcement about dividends?

The announcement was made to comply with HKEX listing rules, which require advance notice of board meetings where dividends may be declared.