ZTO Express (Cayman) Inc. announced that its board of directors has approved a dividend of CN¥0.34 per share. This declaration follows the company's commitment to returning value to its shareholders.
The dividend payment is scheduled for April 29. This action aligns with the company's established dividend policy, which includes a payout ratio of no less than 40% of its distributable profit for 2024.
The consistent dividend policy underscores ZTO's confidence in its financial health and its ability to generate strong free cash flow. This commitment to shareholder returns is a key aspect of its capital allocation strategy.
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