Yum China : DATE OF BOARD RESOLUTION IN RELATION TO POSSIBLE QUARTERLY DIVIDEND
April 15, 2021 at 05:09 am EDT
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Yum China Holdings, Inc.
百 勝 中 國 控 股 有 限 公 司
(Incorporated in the State of Delaware of the United States of America)
(Stock Code: 9987)
DATE OF BOARD RESOLUTION IN RELATION TO
POSSIBLE QUARTERLY DIVIDEND
The board of directors (the "Board") of Yum China Holdings, Inc. (the "Company") hereby announces that it is considering the declaration and payment of a quarterly dividend (the "Dividend"). If the Board decides to proceed, the declaration will be adopted by Board resolution on or around April 28, 2021 (Beijing/Hong Kong Time).
As no Board resolution in relation to the Dividend has been adopted as of the date of this announcement, there is no assurance that the Dividend will be declared.
By order of the Board
Yum China Holdings, Inc.
Joey WAT
Director and Chief Executive Officer
Hong Kong, April 15, 2021
As of the date of this announcement, the Board comprises Dr. Fred HU as the chairman and an independent director, Ms. Joey WAT as a director, and Mr. Peter A. BASSI, Mr. Christian L. CAMPBELL, Mr. Ed Yiu-Cheong CHAN, Mr. Edouard ETTEDGUI, Mr. Cyril HAN, Mr. Louis T. HSIEH, Ms. Ruby LU, Mr. Zili SHAO and Mr. William WANG as independent directors.
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Yum China Holdings Inc. published this content on 15 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 April 2021 09:08:02 UTC.
Yum China Holdings Inc is a China-based company mainly engaged in the provision of restaurant business. The Company operates its business through three segments. The Kentucky Fried Chicken (KFC) segment operates quick-service restaurant (QSR), mainly providing original recipe chicken and other chicken products, beef burgers, pork, seafood, rice dishes, congees, fresh vegetables, desserts, coffee, tea and other products. The Pizza Hut segment operates casual dining restaurant (CDR), which mainly offering multiple dayparts, including breakfast, lunch, afternoon tea and dinner. The products include various types of pizzas, steaks, pasta, rice dishes and other entrees, appetizers, beverages and desserts. The Other segment mainly operate offline stores and e-commerce business, including Taco Bell, Lavasa, Little Sheep, Huang Ji Huang, COFFii&JOY, East Dawning and other different brands. The Company operates its businesses in the domestic market.