GreenTree Hospitality Declares $0.05 Cash Dividend
Ticker: GHG · Form: 6-K · Filed: Oct 24, 2024 · CIK: 1724755
| Field | Detail |
|---|---|
| Company | Greentree Hospitality Group LTD. (GHG) |
| Form Type | 6-K |
| Filed Date | Oct 24, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: dividend, cash-payout
TL;DR
GT is paying a $0.05 dividend on Nov 20 to shareholders of record Nov 6.
AI Summary
GreenTree Hospitality Group Ltd. announced on October 24, 2024, that its board of directors has approved a cash dividend of $0.05 per ordinary share. This dividend is payable to shareholders of record as of November 6, 2024, and will be distributed on or about November 20, 2024.
Why It Matters
This dividend distribution returns capital to shareholders, potentially increasing investor confidence and the stock's attractiveness.
Risk Assessment
Risk Level: low — The filing is a routine announcement of a dividend payment, which is a common and generally low-risk corporate action.
Key Numbers
- $0.05 — Cash Dividend Per Share (Amount to be paid to shareholders.)
- November 6, 2024 — Record Date (Shareholders must be on record by this date to receive the dividend.)
- November 20, 2024 — Payment Date (Expected date of dividend distribution.)
Key Players & Entities
- GreenTree Hospitality Group Ltd. (company) — Registrant
- Alex S. Xu (person) — Chairman and Chief Executive Officer
- $0.05 (dollar_amount) — Cash dividend per ordinary share
FAQ
What is the amount of the cash dividend per ordinary share?
The cash dividend is $0.05 per ordinary share.
Who is eligible to receive this dividend?
Shareholders of record as of November 6, 2024, are eligible to receive the dividend.
When will the dividend be paid?
The dividend is expected to be paid on or about November 20, 2024.
What is the name of the company filing this report?
The company filing this report is GreenTree Hospitality Group Ltd.
Who signed this report on behalf of the company?
Alex S. Xu, Chairman and Chief Executive Officer, signed the report.
Filing Stats: 151 words · 1 min read · ~1 pages · Grade level 10 · Accepted 2024-10-23 21:50:28
Filing Documents
- tm2426631d1_6k.htm (6-K) — 9KB
- tm2426631d1_ex99-1.htm (EX-99.1) — 13KB
- 0001104659-24-110976.txt ( ) — 24KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. GREENTREE HOSPITALITY GROUP LTD . By: /s/ Alex S. Xu Name: Alex S. Xu Title: Chairman and Chief Executive Officer Date: October 23, 2024 EXHIBIT INDEX Exhibit No. Description 99.1 GreenTree Hospitality Group Ltd. Announces Cash Dividend