Several of China’s privately owned banks have begun paying cash dividends, led by WeBank and MYbank, though most still retain profits to bolster capital, according to Jiemian News. WeBank’s annual report shows that under a dividend plan approved by shareholders on January 6, 2026, it paid total cash dividends of 3.918 billion yuan on January 12, 2026, based on 2025 net profit of 11.012 billion yuan, implying a payout ratio of about 35.6%.
MYbank’s 2025 annual report said shareholders resolved on April 9, 2026 to distribute combined cash dividends of about 602 million yuan for fiscal years 2023 and 2024. Jiemian also cited Blue Ocean Bank’s 2025 annual report as showing a 2024 dividend equal to 20% of net profit, or 83 million yuan (0.042 yuan per share), following a 2023 dividend equal to 40% of net profit, or 318 million yuan (0.16 yuan per share). Separately, Jiemian said XWBank’s cash flow statement indicated dividends of about 285 million yuan in 2024, which a person close to the bank confirmed was its first dividend since establishment. Jiemian added that in late June 2026, A-share listed GreatStar Industrial (002444.SZ) announced it would buy a 1.54% stake in MYbank for 325 million yuan, citing potential investment returns mainly from dividends.
WeBank Paid 3.918 Billion Yuan 2025 Dividend; MYbank Distributed 602 Million Yuan for 2023-24
2026-07-10 06:53:36
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