
DividendJul 28, 2026, 09:13 AM
Wetouch Approves Special Cash Dividend of up to $0.5M ($0.04/Share)
AI Summary
Wetouch Technology Inc. announced that its Board of Directors approved a special cash dividend plan of up to US$0.5 million, equating to approximately US$0.04 per share. The dividend is payable to shareholders of record as of August 17, 2026, with payment expected before September 30, 2026. This move reflects the company's focus on enhancing shareholder value and efficient capital allocation, while maintaining resources for growth and strategic investments. Wetouch also plans to explore additional dividends and an annual policy, alongside advancing its business transformation into a higher-value intelligent hardware manufacturer.
Key Highlights
- Board approved a special cash dividend plan of up to US$0.5 million.
- Special cash dividend is expected to be approximately US$0.04 per share.
- Shareholders of record as of August 17, 2026, will be eligible.
- Dividend is expected to be paid before September 30, 2026.
- Company aims to enhance shareholder value and improve capital allocation efficiency.
- Wetouch intends to consider additional cash dividends and an annual policy.
- Company is exploring opportunities in smart hardware, robotics, and AI applications.
Price Impact
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