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Noah Holdings (NOAH) confirms cash amounts and dates for 2025 final and special dividends

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Noah Holdings Private Wealth and Asset Management Limited reports the confirmed cash amounts for its previously declared final and special dividends for the year ended December 31, 2025. Each of the Final Dividend and Special Dividend is set at RMB0.892 per Share, equivalent to HK$1.027 per Share for Hong Kong-registered ordinary shares or US$0.131 per Share for ADS holders and shareholders on the Cayman register.

These amounts are based on the noon buying rate on July 2, 2026 and the 343,228,815 issued Shares (excluding treasury shares) entitled to dividends as of the Dividend Record Date of July 9, 2026. ADS holders are expected to receive approximately US$0.655 per ADS for each of the final and special dividends, before taxes and depositary fees. Payments are expected on or around July 30, 2026 for shareholders and on or around August 6, 2026 for ADS holders.

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Insights

Noah confirms sizable cash returns via final and special dividends in multiple currencies.

Noah Holdings confirms the cash amounts and timing for both its final and special dividends tied to the year ended December 31, 2025. Each dividend is set at RMB0.892 per share, translated to HK$1.027 or US$0.131 per share using the July 2, 2026 noon buying rate, and applies to 343,228,815 issued shares entitled to dividends.

For ADS investors, each of the final and special dividends translates to approximately US$0.655 per ADS, before tax and depositary fees. The company plans to pay shareholders on or around July 30, 2026 and ADS holders on or around August 6, 2026, so the cash distribution is tied to specific near-term dates.

Final Dividend per Share (RMB) RMB0.892 per Share Final Dividend for the year ended December 31, 2025
Special Dividend per Share (RMB) RMB0.892 per Share Special Dividend for the year ended December 31, 2025
Dividend per Share (HK$) HK$1.027 per Share Each of the Final Dividend and Special Dividend for Hong Kong-registered ordinary shares
Dividend per Share (US$) US$0.131 per Share Each of the Final Dividend and Special Dividend for ADS holders and Cayman register
Dividend per ADS (US$) US$0.655 per ADS Approximate final amount for each of the Final and Special Dividends, before taxes and fees
Shares Entitled to Dividends 343,228,815 Shares Issued Shares excluding treasury shares as of Dividend Record Date July 9, 2026
Shareholder Payment Date On or around July 30, 2026 Expected payment date for Final and Special Dividends to shareholders
ADS Holder Payment Date On or around August 6, 2026 Expected payment date for Final and Special Dividends to ADS holders
Final Dividend financial
"payment of final dividend and special dividend, respectively"
Special Dividend financial
"payment of final dividend and special dividend, respectively"
A special dividend is a one-time payment made by a company to its shareholders, usually when it has accumulated excess profits or cash. It is like a bonus or a reward for investors, often signaling that the company has extra funds available. This type of dividend matters because it can indicate a company's financial health or a significant change in its cash situation.
ADS holders financial
"US$0.131 per Share (for ADS holders and for holders of ordinary shares"
ADS holders are investors who own American Depositary Shares, which are certificates traded on U.S. markets that represent ownership of a foreign company's ordinary shares. Think of an ADS as a receipt that lets U.S. investors buy and sell a piece of a foreign company without dealing with a foreign stock exchange; this matters because ADS holders are affected by the underlying company’s performance, dividends, and any corporate actions, but also by currency, custody arrangements, and U.S. trading rules.
Dividend Record Date financial
"Shares entitled to dividend distribution as of the Dividend Record Date (i.e., July 9, 2026)"
treasury Shares financial
"the number of issued Shares (excluding treasury Shares) of 343,228,815"
Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.
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FAQ

What dividends is Noah Holdings (NOAH) distributing for the 2025 financial year?

Noah Holdings will distribute both a Final Dividend and a Special Dividend, each set at RMB0.892 per Share, equivalent to HK$1.027 or US$0.131 per share depending on the share register.

How much will Noah Holdings (NOAH) ADS holders receive per ADS in dividends?

ADS holders are expected to receive approximately US$0.655 per ADS for the Final Dividend and US$0.655 per ADS for the Special Dividend, before applicable taxes and depositary fees and subject to foreign exchange adjustment on settlement.

When will Noah Holdings (NOAH) pay the final and special dividends to shareholders?

The Final Dividend and Special Dividend are expected to be paid to eligible shareholders on or around July 30, 2026, and to eligible ADS holders on or around August 6, 2026, according to the announcement.

How many Noah Holdings (NOAH) shares are entitled to the 2025 dividends?

The dividend calculations are based on 343,228,815 issued Shares (excluding treasury shares) that are entitled to dividend distribution as of the Dividend Record Date of July 9, 2026.

In which currencies will Noah Holdings (NOAH) pay the final and special dividends?

The dividends will be paid in Hong Kong dollars at HK$1.027 per Share for Hong Kong-registered ordinary shares, and in U.S. dollars at US$0.131 per Share for ADS holders and shareholders on the Cayman register.

What exchange rate did Noah Holdings (NOAH) use to set the dividend amounts?

The company set the HK$ and US$ dividend amounts with reference to the effective noon buying rate for July 2, 2026 as published in the U.S. Federal Reserve Board’s H.10 statistical release.

 

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE
13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2026

 

Commission File Number: 001-34936

 

Noah Holdings Limited

(Registrant’s name)

 

333 North Bridge Road, #05-11

Odeon 333

Singapore 188721

+65 6911-8211

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F x      Form 40-F ¨

 

 

 

 

 

 

EXHIBIT INDEX

 

Exhibit 99.1 Announcement—Final Dividend for the Year Ended December 31, 2025 (Updated)
Exhibit 99.2 Announcement—Special Dividend (Updated)
Exhibit 99.3 Announcement—Payment of Final Dividend and Special Dividend

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Noah Holdings Limited
   
  By: /s/ Qing Pan
  Name: Qing Pan
  Title: Chief Financial Officer
   
Date: July 10, 2026  

 

 

Exhibit 99.1

GRAPHIC

EF001 Page 1 of 2 v 1.1.1 Disclaimer Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arisen from or in reliance upon the whole or any part of the contents of this announcement. Cash Dividend Announcement for Equity Issuer Issuer name Noah Holdings Private Wealth and Asset Management Limited Stock code 06686 Multi-counter stock code and currency Not applicable Other related stock code(s) and name(s) Not applicable Title of announcement FINAL DIVIDEND FOR THE YEAR ENDED DECEMBER 31, 2025 (UPDATED) Announcement date 10 July 2026 Status Update to previous announcement Reason for the update / change Update on the (1) default currency and amount in which the dividend will be paid; (2) exchange rate; and (3) number of shares entitled to dividend distribution. As of the date of the annual general meeting of the Company (i.e., June 11, 2026), the total shares in issue of the Company was 328,033,332 shares, excluding nil treasury shares and shares repurchased pending cancellation. Due to the issue of new shares for the purpose of the Accelerated Vesting (as defined in the circular of the Company dated April 30, 2026) on June 27, 2026 and the cancellation of repurchased shares on July 7, 2026, the total shares in issue of the Company increased to 343,228,815 shares, excluding nil treasury shares and nil shares repurchased pending cancellation. The Company intends to maintain the total distribution amount of the final dividend (i.e., RMB306.0 million) unchanged and adjust the distribution ratio per share from RMB0.933 per share to RMB0.892 per share. Information relating to the dividend Dividend type Final Dividend nature Ordinary For the financial year end 31 December 2025 Reporting period end for the dividend declared 31 December 2025 Dividend declared RMB 0.892 per share Date of shareholders' approval 11 June 2026 Information relating to Hong Kong share register Default currency and amount in which the dividend will be paid HKD 1.027 per share Exchange rate RMB 1 : HKD 1.1513 Ex-dividend date 08 July 2026 Latest time to lodge transfer documents for registration with share registrar for determining entitlement to the dividend 09 July 2026 16:30 Book close period Not applicable Record date 09 July 2026 Payment date 30 July 2026

GRAPHIC

EF001 Page 2 of 2 v 1.1.1 Share registrar and its address Computershare Hong Kong Investor Services Limited Shops 1712-1716 17/F, Hopewell Center 183 Queen’s Road East Wan Chai Hong Kong Information relating to withholding tax Details of withholding tax applied to the dividend declared Not applicable Information relating to listed warrants / convertible securities issued by the issuer Details of listed warrants / convertible securities issued by the issuer Not applicable Other information The ex-dividend date set out above in this Form EF001 shall only be applicable for the dividend to be distributed to the holders of ordinary shares of the Company traded on the Hong Kong Stock Exchange; whereas for the dividend to be distributed to the holders of ADSs of the Company traded on the NYSE, the ex-dividend date shall be the same date as the record date (i.e., 9 July 2026) due to a different settlement cycle for ADSs traded on the NYSE in accordance with the rules adopted by the U.S. Securities and Exchange Commission (the "SEC"). ADS holders are encouraged to refer to relevant information in relation to the dividend distribution of the Company that may be published on the website of NYSE from time to time. Directors of the issuer As of the date of this announcement, the Board comprises Ms. Jingbo Wang, the chairwoman, and Mr. Zhe Yin as Directors; Ms. Chia-Yue Chang, Mr. Boquan He and Mr. David Zhang as non-executive Directors; and Ms. Xiangrong Li, Ms. Cynthia Jinhong Meng and Ms. May Yihong Wu as independent Directors.

Exhibit 99.2

GRAPHIC

EF001 Page 1 of 2 v 1.1.1 Disclaimer Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arisen from or in reliance upon the whole or any part of the contents of this announcement. Cash Dividend Announcement for Equity Issuer Issuer name Noah Holdings Private Wealth and Asset Management Limited Stock code 06686 Multi-counter stock code and currency Not applicable Other related stock code(s) and name(s) Not applicable Title of announcement SPECIAL DIVIDEND (UPDATED) Announcement date 10 July 2026 Status Update to previous announcement Reason for the update / change Update on the (1) default currency and amount in which the dividend will be paid; (2) exchange rate; and (3) number of shares entitled to dividend distribution. As of the date of the annual general meeting of the Company (i.e. 11 June 2026), the total shares in issue of the Company was 328,033,332 shares, excluding nil treasury shares and shares repurchased pending cancellation. Due to the issue of new shares for the purpose of the Accelerated Vesting (as defined in the circular of the Company dated April 30, 2026) on June 27, 2026 and the cancellation of repurchased shares on July 7, 2026, the total shares in issue of the Company increased to 343,228,815 shares, with no treasury shares or shares repurchased pending cancellation. The Company intends to maintain the total distribution amount of the special dividend (i.e. RMB306.0 million) unchanged and adjust the distribution ratio per share from RMB0.933 per share to RMB0.892 per share. Information relating to the dividend Dividend type Other Special Dividend Dividend nature Special For the financial year end Not applicable Reporting period end for the dividend declared Not applicable Dividend declared RMB 0.892 per share Date of shareholders' approval 11 June 2026 Information relating to Hong Kong share register Default currency and amount in which the dividend will be paid HKD 1.027 per share Exchange rate RMB 1 : HKD 1.1513 Ex-dividend date 08 July 2026 Latest time to lodge transfer documents for registration with share registrar for determining entitlement to the dividend 09 July 2026 16:30 Book close period Not applicable Record date 09 July 2026

GRAPHIC

EF001 Page 2 of 2 v 1.1.1 Payment date 30 July 2026 Share registrar and its address Computershare Hong Kong Investor Services Limited Shops 1712-1716 17/F, Hopewell Center 183 Queen’s Road East Wan Chai Hong Kong Information relating to withholding tax Details of withholding tax applied to the dividend declared Not applicable Information relating to listed warrants / convertible securities issued by the issuer Details of listed warrants / convertible securities issued by the issuer Not applicable Other information The ex-dividend date set out above in this Form EF001 shall only be applicable for the dividend to be distributed to the holders of ordinary shares of the Company traded on the Hong Kong Stock Exchange; whereas for the dividend to be distributed to the holders of ADSs of the Company traded on the NYSE, the ex-dividend date shall be the same date as the record date (i.e., 9 July 2026) due to a different settlement cycle for ADSs traded on the NYSE in accordance with the rules adopted by the U.S. Securities and Exchange Commission (the "SEC"). ADS holders are encouraged to refer to relevant information in relation to the dividend distribution of the Company that may be published on the website of NYSE from time to time. Directors of the issuer As of the date of this announcement, the Board comprises Ms. Jingbo Wang, the chairwoman, and Mr. Zhe Yin as Directors; Ms. Chia-Yue Chang, Mr. Boquan He and Mr. David Zhang as non-executive Directors; and Ms. Xiangrong Li, Ms. Cynthia Jinhong Meng and Ms. May Yihong Wu as independent Directors.

 

Exhibit 99.3

 

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

 

Noah Holdings

 

Noah Holdings Private Wealth and Asset Management Limited

諾亞控股私人財富資產管理有限公司

(Incorporated in the Cayman Islands with limited liability under the name Noah Holdings Limited and carrying on business in Hong Kong as Noah Holdings Private Wealth and Asset Management Limited)

(NYSE Ticker Symbol: NOAH; HKEX Stock Code: 6686)

 

PAYMENT OF FINAL DIVIDEND AND SPECIAL DIVIDEND

 

Reference is made to the announcement (“Announcement”) of Noah Holdings Private Wealth and Asset Management Limited (the “Company”) dated June 11, 2026 in relation to the payment of final dividend and special dividend, respectively. Unless the context requires otherwise, capitalized terms used in this announcement shall have the same meanings as those defined in the Announcement.

 

The Board is pleased to announce that the Company will distribute (i) the Final Dividend of HK$1.027 per Share (for registered holders of the ordinary shares in Hong Kong) in Hong Kong dollars or US$0.131 per Share (for ADS holders and for holders of ordinary shares whose shares are registered on the Company’s principal share register in the Cayman Islands) in U.S. dollars in respect of the year ended December 31, 2025, calculated based on the Final Dividend of RMB0.892 per Share; and (ii) the Special Dividend of HK$1.027 per Share (for registered holders of the ordinary shares in Hong Kong) in Hong Kong dollars or US$0.131 per Share (for ADS holders and for holders of ordinary shares whose shares are registered on the Company’s principal share register in the Cayman Islands) in U.S. dollars, calculated based on the Special Dividend of RMB0.892 per Share, both with reference to the effective noon buying rate for July 2, 2026 as set forth in the H.10 statistical release of the U.S. Federal Reserve Board and the number of issued Shares (excluding treasury Shares) of 343,228,815 entitled to dividend distribution as of the Dividend Record Date (i.e., July 9, 2026).

 

For the distribution of the Final Dividend and Special Dividend to ADS holders, the final amounts of approximately US$0.655 and US$0.655 per ADS (subject to applicable tax and depositary fees) are payable in U.S. dollars to the Company’s ADS holders through the depositary bank subject to the foreign exchange rate adjustment on the date of settlement in accordance with the terms of the deposit agreement.

 

1

 

 

The Final Dividend and Special Dividend are expected to be distributed on or around July 30, 2026 to eligible Shareholders, and on or around August 6, 2026 to eligible ADS holders. Shareholders and ADS holders should seek professional advice from their own tax advisors regarding the possible tax implications of the payment of the Final Dividend and the Special Dividend.

 

  By order of the Board
  Noah Holdings Private Wealth and Asset Management Limited
  Jingbo Wang
  Chairwoman of the Board

 

Hong Kong, July 10, 2026

 

As of the date of this announcement, the Board comprises Ms. Jingbo Wang, the chairwoman, and Mr. Zhe Yin as Directors; Ms. Chia-Yue Chang, Mr. Boquan He and Mr. David Zhang as non-executive Directors; and Ms. Xiangrong Li, Ms. Cynthia Jinhong Meng and Ms. May Yihong Wu as independent Directors.

 

2

Filing Exhibits & Attachments

3 documents