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Shares of the company's dividend distribution programs are usually determined by the Company's Board of Directors and announced that , if necessary, to the shareholders 'meeting or shareholders' congress approved before implementation ( such as the country is so provides ) .

Dividend payout has several very important dates :

• Announced Day

股份公司董事会根据定期发放股利的周期举行董事会会议，讨论并提出股利分配方案，由公司股东大会讨论通过后，正式宣布股利发放方案，宣布股利发放方案的那一天即为宣布日，在宣布日，股份公司应登记有关股利负债（应付股利）。

AG Board of Directors based on the regular cycle of dividends paid board meeting to discuss and propose dividend distribution plan , discussed and adopted by the shareholders' meeting , the officially announced dividend distribution program , announced dividend distribution program of the day is announced , at the announcement date, dividends on shares of the company shall be registered liabilities ( dividends payable ) .

• Registration Day

由于工作和实施方面的原因，自公司宣布发放股利至公司实际将股利发出要有一定的时间间隔。由于上市公司的股票在此时间间隔内处在不停的交易之中，公司股东会随股票交易而不断易人，为了明确股利的归属，公司确定有股权登记日，凡在股权登记日之前（含登记日当天）列于公司股东名单上的股东，都将获得此次发放的股利，而在这一天之后才列于公司股东名单上的股东，将得不到此次发放的股利，股利仍归原股东所有。

Because work and implementation reasons, since the company announced dividends paid dividends to the company that will actually be sent to have a certain time interval. As shares of listed companies in this time interval stop trading among the shareholders of the Company will be constantly changed hands with stock trading , in order to clarify the ownership of dividends , the company determine the record date , where the record date before ( with registration on the day ) are shown in the list of shareholders of the Company shareholders will receive the payment of dividends , and only after that day out in the Company's shareholders on the list of shareholders will not receive the payment of dividends , the dividend remains owned by the original shareholders.

• ex-dividend date
Produced easily with the stock transfer takes some time between , therefore, only a period of time prior to the date of registration before the investors to buy shares , it may be in the forefront of the date of registration of the list of shareholders on the company , and enjoy the current dividend distribution rights . General provisions for the registration of the fourth business day prior to the date for the ex-dividend date ( Every extended holidays ) , before the ex-dividend date ( including ex-dividend date ) can be purchased stock dividend will be paid , after the ex-dividend date will not be entitled to purchase shares dividends , also known as ex-dividend shares. Ex-dividend date for the stock price has a significant impact . Before the ex-dividend day stock trading , stock prices will be contained in the value of dividends paid , after the ex-dividend day stock trading , stock dividend income no longer included in the price , so the price should be lower than the trading price before the ex-dividend date .

• payment date
On this day , the company provides a variety of ways to pay dividends , and the write-off dividend liabilities.

① capital preservation : that companies can not use the capital stock and capital reserve Dividends Paid ; ② enterprises to accumulate : that must be a certain percentage of the net profit