Futu Holdings announces 32.5c per share cash dividend

Futu Holdings (FUTU) announced that its board of directors approved a cash dividend of 32.5c per ordinary share, or $2.60 per American depositary share, payable in U.S. dollars to holders of ordinary shares and holders of ADSs of record as of the close of business on April 16, New York time. The aggregate amount of the dividend will be approximately $365M. The dividend is to be paid to the company’s ADS holders through the depositary bank will be subject to the terms of the deposit agreement. The payment date is expected to be on or around April 29 for holders of ordinary shares and holders of ADSs.