{"id":514005,"date":"2021-07-16T04:33:06","date_gmt":"2021-07-16T08:33:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/yum-china-announces-disclosure-under-hong-kong-stock-exchange-rules-in-relation-to-a-possible-quarterly-dividend\/"},"modified":"2021-07-16T04:33:06","modified_gmt":"2021-07-16T08:33:06","slug":"yum-china-announces-disclosure-under-hong-kong-stock-exchange-rules-in-relation-to-a-possible-quarterly-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/yum-china-announces-disclosure-under-hong-kong-stock-exchange-rules-in-relation-to-a-possible-quarterly-dividend\/","title":{"rendered":"Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n SHANGHAI<\/span>, July 16, 2021<\/span> \/PRNewswire\/ — Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, “Yum China<\/span>” or the “Company”) today announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “HKEX”) which require advance notice of board meetings at which a dividend is expected to be declared, that its board of directors (the “Board”) will consider 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 July 29, 2021<\/span> (Beijing<\/span>\/Hong Kong Time) and will be promptly disclosed by the Company. <\/p>\n

The Company makes available through the Investor Relations section of its internet website at ir.yumchina.com<\/a> its filings with the HKEX as soon as reasonably practicable after electronically filing such material with the HKEX. These filings may also be obtained by visiting the HKEX’s website at http:\/\/www.hkex.com.hk<\/a>. <\/p>\n

As no Board resolution in relation to the Dividend has been adopted as of the date of this press release, there is no assurance that the Dividend will be declared.<\/p>\n

\n Forward-Looking Statements<\/b>\n <\/p>\n

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as “expect,” “expectation,” “believe,” “anticipate,” “may,” “could,” “intend,” “belief,” “plan,” “estimate,” “target,” “predict,” “project,” “likely,” “will,” “continue,” “should,” “forecast,” “outlook” or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the\u00a0Securities and Exchange Commission\u00a0(including the information set forth under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and other reports we file with the\u00a0SEC) for additional detail about factors that could affect our financial and other results.<\/p>\n

\n About\u00a0Yum China Holdings, Inc.\u00a0<\/b>\n <\/p>\n

Yum China Holdings, Inc.\u00a0is a licensee of Yum! Brands in mainland\u00a0China. It has exclusive rights in mainland\u00a0China\u00a0to\u00a0KFC,\u00a0China’s\u00a0leading quick-service restaurant brand,\u00a0Pizza Hut, the leading casual dining restaurant brand in\u00a0China, and\u00a0Taco Bell, a\u00a0California-based restaurant chain serving innovative Mexican-inspired food.\u00a0Yum China\u00a0also owns the Little Sheep,\u00a0Huang Ji Huang, East Dawning and COFFii & JOY concepts outright. \u00a0In addition, Yum China<\/span> has partnered with Lavazza to explore and develop the Lavazza coffee shop concept in\u00a0China. The Company had 10,725 restaurants in over 1,500 cities at the end of\u00a0March 2021. Yum China\u00a0ranked # 363 on the Fortune 500 list and was named to TIME100 Most Influential Companies list in 2021. Yum China\u00a0has been named the Industry Leader for the Restaurant & Leisure Facilities Industry in the 2020 Dow Jones Sustainability Indices. In 2021,\u00a0Yum China\u00a0was named to the Bloomberg Gender-Equality Index and was certified as a Top Employer 2021 in\u00a0China\u00a0by the\u00a0Top Employers Institute, both\u00a0for the third consecutive year. For more information, please visit\u00a0http:\/\/ir.yumchina.com<\/a>.<\/p>\n

\n Investor Relations Contact
<\/u>Tel: +86 21 2407 7556 \/ +852 2267 5801
E-mail:\u00a0IR@yumchina.com<\/a>\u00a0<\/p>\n

\n Media Contact
<\/u>Tel: +86 21 2407 7510
E-mail:\u00a0Media@yumchina.com<\/a>\u00a0<\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/yum-china-announces-disclosure-under-hong-kong-stock-exchange-rules-in-relation-to-a-possible-quarterly-dividend-301335446.html<\/a><\/p>\n

SOURCE Yum China Holdings, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire SHANGHAI, July 16, 2021 \/PRNewswire\/ — Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, “Yum China” or the “Company”) today announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “HKEX”) which require advance notice of board meetings at which a dividend is expected to be declared, that its board of directors (the “Board”) will consider 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 July 29, 2021 (Beijing\/Hong Kong Time) and will be promptly disclosed by the Company. The Company makes available through the Investor Relations section of … <\/p>\n

Continue reading “Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-514005","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nYum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/yum-china-announces-disclosure-under-hong-kong-stock-exchange-rules-in-relation-to-a-possible-quarterly-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SHANGHAI, July 16, 2021 \/PRNewswire\/ — Yum China Holdings, Inc. 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