Noah Holdings Confirms $90.4M Dividend Payout, Sets July 9 Record Date
NOAH is trading near its 52-week low of $9.53 (6.0% above the low).
Summary
Noah Holdings confirmed the approval of all resolutions at its Annual General Meeting and announced the payment of a combined final and special dividend totaling approximately $90.4 million. This follows the May 4th 6-K filing which proposed a substantial dividend of US$89.8 million as part of the AGM agenda. The dividend, representing a significant return of capital to shareholders, will be paid at approximately US$0.138 per share for both the final and special dividends, with a record date of July 9, 2026. This substantial payout underscores the company's strong financial position and commitment to shareholder value.
At the time of this announcement, NOAH was trading at $10.10 on NYSE in the Finance sector, with a market capitalization of approximately $713.9M. The 52-week trading range was $9.53 to $12.84. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: PR Newswire.