BEIJING, CHINA – KE Holdings Announces Cash Dividend of US$0.12 per Share
On March 18, 2025, KE Holdings Inc. (BEKE, 2423), a prominent integrated platform for housing transactions and services in China, announced that its board of directors had approved a final cash dividend of US$0.12 per ordinary share, equivalent to US$0.36 per American Depository Share (ADS), for holders of record as of the close of business on April 9, 2025, Beijing/Hong Kong Time and New York Time, respectively. The aggregate amount of the dividend to be paid is estimated to be approximately US$0.4 billion.
Impact on Shareholders
This dividend payment marks a significant event for KE Holdings’ shareholders. The US$0.12 per share dividend translates to a yield of approximately 3.1% based on the current market price. This payout is a testament to the Company’s strong financial position and its commitment to returning value to its shareholders.
Impact on the Global Market
KE Holdings’ decision to distribute a substantial cash dividend could have a ripple effect on the global market. The payment represents a large outflow of funds from the Company, which could potentially impact the Chinese yuan exchange rate and the broader financial markets. Moreover, the dividend could attract investors looking for stable income-generating opportunities, as well as strengthen investor confidence in the Chinese real estate sector.
Background on KE Holdings
KE Holdings Inc. operates one of the leading integrated online and offline platforms for housing transactions and services in China. The Company’s platform provides services related to housing transactions, including property listings, online marketing, and sales services. Additionally, it offers value-added services related to housing, such as property management, home improvement, and financial services.
Financial Performance and Outlook
KE Holdings reported strong financial results for 2024, with total revenues increasing by 24% year-on-year to RMB 36.5 billion (approximately US$5.5 billion). The Company’s net income attributable to KE Holdings increased by 31% year-on-year to RMB 7.7 billion (approximately US$1.2 billion). With a cash surplus on its balance sheet, the Company is well-positioned to fund this dividend payment and continue its growth initiatives.
- KE Holdings reported robust financial results for 2024, with total revenues increasing by 24% year-on-year and net income attributable to KE Holdings rising by 31%.
- The Company’s strong financial position enabled it to declare a substantial cash dividend of US$0.12 per ordinary share or US$0.36 per ADS.
- The dividend payment could have a ripple effect on the global market, potentially impacting the Chinese yuan exchange rate and attracting income-seeking investors.
In conclusion, KE Holdings’ announcement of a US$0.4 billion cash dividend payment is a significant development for the Company and its shareholders. The dividend, which represents a yield of approximately 3.1%, underscores the Company’s financial strength and commitment to returning value to its investors. The dividend’s potential impact on the global market could include effects on the Chinese yuan exchange rate and increased interest from income-seeking investors. As KE Holdings continues to grow and expand its services, it remains a compelling investment opportunity in the Chinese real estate sector.
