On the evening of July 5, Bank of Communications and Postal Savings Bank of China issued an announcement on the implementation of annual A-share dividends and dividends for 2021. Postal Savings Bank of China: Distributed cash dividends of approximately 17.943 billion yuan in A-sh

Everything Editor: Bi Luming

On the evening of July 5, Bank of Communications and Post Savings Bank of China issued an announcement on the implementation of dividends and dividends for 2021.

Postal Savings Bank: Distribute cash dividends of A shares of approximately 17.943 billion

Postal Savings Bank (SH601658, stock price 5.36 yuan, market value 495.2 billion yuan) issued an announcement on the implementation of annual A-share dividends and dividends for 2021 stating that it plans to pay cash dividends for every 10 shares 2.474 yuan (before tax), the equity registration date is July 11, 2022, the ex-rights (interest) date is July 12, 2022, and the cash dividend issuance date is July 12, 2022. This profit distribution is based on the total share capital of the Bank's common stock as of the date of equity registration, with a cash dividend of RMB 0.2474 per share (before tax), and a total cash dividend of approximately RMB 22.856 billion (before tax); among which The A-share common stock capital was 72,527,800,605 shares, and distributed A-share cash dividend of approximately RMB 17.943 billion (before tax).

Announcement stated that for natural person shareholders and securities investment funds holding the Bank's A-shares, according to relevant regulations, if the holding period exceeds 1 year, the cash dividend income will be temporarily exempted from personal income tax , and the actual cash dividend will be paid RMB per share. RMB 0.2474.

If the holding of shares within one year (including one year), the Bank will not withhold and pay personal income tax on behalf of others. In fact, the actual cash dividend per share will be paid RMB 0.2474. When natural person shareholders and securities investment funds transfer shares, China Settlement Shanghai Branch calculates the actual taxable amount based on its shareholding period, and the securities companies and other share custodians deduct from their personal funds accounts and transfer them to China Settlement Shanghai Branch. The company, China Settlement Shanghai Branch will pay the Bank within 5 working days of the following month, and the Bank will declare and pay the tax authority to the competent tax authority within the statutory declaration period of the month of receipt of the tax.

The specific actual tax burden is: if the shareholding period is within 1 month (including 1 month), the cash dividend income shall be fully included in the taxable income of , and the actual tax burden shall be 20%; the shareholding period shall be 1 For those who have a monthly or more than one year (including one year), the temporary reduction of 50% will be included in the taxable income, and the actual tax burden will be 10%.

Bank of Communications: The 2021 cash dividend is about 26.363 billion

Bank of Communications (SH601328, stock price 4.98 yuan, market value 369.8 billion yuan) released the 2021 A-share dividend dividend implementation announcement, showing that this profit distribution is based on the company before the implementation of the plan. The total common stock capital is approximately 74.263 billion shares as the base, with a cash dividend of RMB 0.355 (including tax) per share, and a total cash dividend of approximately RMB 26.363 billion. Among them, 13.934 billion yuan of cash dividends were distributed. The dividend and dividend equity registration date is July 11, and the ex-rights date and cash dividend issuance date is July 12.

announced that for natural person shareholders and securities investment fund shareholders, according to relevant regulations: if the shareholding period exceeds 1 year, personal income tax will be temporarily exempted, and the actual cash dividend will be paid RMB 0.355 per share.

If the company holds shares for less than one year (including one year), the company will not withhold and pay income tax on behalf of others. In fact, the actual cash dividend will be paid RMB 0.355 per share. When such shareholders transfer the shares, the Shanghai Branch of China Settlement will be based on the shareholding. The actual taxable amount shall be calculated for the period of time, and the securities companies and other share custodians shall deduct the funds from the shareholders' funds account and transfer it to the Shanghai Branch of China Settlement and Clearing Company. The Shanghai Branch of China Settlement and Clearing Company shall pay the Company within 5 working days of the following month. Report and pay to the competent tax authority within the statutory declaration period after receiving the tax. The tax rate standard is: if the shareholding period is within 1 month (including 1 month), the full amount of the income dividend is included in the taxable income, and the actual tax burden is 20%; the shareholding period is more than 1 month to 1 year ( If 1 year is included), the temporary reduction will be included in the taxable income at 50%, and the actual tax burden will be 10%.

It is worth mentioning that Industrial and Commercial Bank of China and China Construction Bank have issued an announcement on the implementation of A-share dividends and dividends for 2021. On July 4, Industrial and Commercial Bank of China announced that this profit distribution is based on the Bank's 356,406,257,089 common shares as of July 11, 2022, with a cash dividend of RMB 0.2933 (including tax) per share. The total cash dividend paid this time is about 104.534 billion yuan. Among them, the number of A-share common shares is 269,612,212,539 shares, and paid A-share cash dividends totaling approximately 79.077 billion yuan. The equity registration date is July 11, and the ex-rights date and cash dividend issuance date are July 12.

Construction Bank issued an announcement on June 30 for the implementation of A-share dividends and dividends for 2021. The cash dividend per share of A-shares is RMB 0.364 (including tax). This profit distribution is based on the total share capital of the Bank before the implementation of the plan (including 250,010,977,486 shares (including 250,010,977,486 shares (including 2,000 shares). The A-share capital is 9,593,657,606 shares) as the base, and a cash dividend of RMB 0.364 per share (tax included) will be distributed to all shareholders. This time, a total of about RMB 91.04 billion in cash dividends were distributed, of which about RMB 3.492 billion in cash dividends were distributed in . The equity registration date is July 7, 2022, and the ex-rights (interest) date and cash dividend issuance date are July 8, 2022.

(Disclaimer: The content and data of this article are for reference only and do not constitute investment advice. Verification is made before use. Operations based on this are at your own risk.)

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