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Alibaba: Dividend of $1 per American Depositary Share

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On December 6th, the Alibaba Hong Kong Stock Exchange announced that it would distribute annual dividends for the first time in the 2023 fiscal year to registered holders of common stock and American Depositary Shares, with amounts of $0.125 per common share or $1.00 per American Depositary Share, respectively, to be paid in US dollars.
The dividend will be distributed to the registered holders of common stock and American depositary shares of the company as of the close of trading on December 21, 2023, Hong Kong time and New York time, respectively.
It is expected that the dividend payment date for common stock holders will be on or around January 11, 2024, while the payment date for American depositary stock holders is expected to be on or around January 18, 2024.
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