Report: Huawei will still allocate tens of billions of funds to distribute dividends to employees

As per the latest details, Huawei announced dividend data at the end of January and will continue to implement stock dividends in 2021, with an estimated 1.58 yuan per share. According to the report, despite the difficult times, in 2021, Huawei will still allocate tens of billions of funds to distribute dividends to employees.

At present, Huawei’s employee compensation mainly includes three parts: wages, bonuses and dividends. According to Huawei’s previously released 2020 annual report, Huawei Investment Holdings Co., Ltd. is a 100% employee-owned private enterprise. Huawei implements the employee stock ownership plan through the labor union. The number of participants in the employee stock ownership plan is 121,269 (as of December 31, 2020), and all participants are company employees.

The financial report shows that Ren Zhengfei holds the company’s shares as a natural person shareholder. At the same time, Ren Zhengfei also participates in the employee stock ownership plan. As of December 31, 2020, Ren Zhengfei’s total investment was equivalent to approximately 0.90% of the company’s total share capital.

In 2020, Huawei’s share price is 7.85 yuan per share, of which 1.86 yuan per share will be distributed. At the same time, Huawei’s expenditure on wages, salaries and other benefits in 2020 will reach 139.095 billion yuan. Based on 194,000 employees, the per capita salary of Huawei employees will reach 700,000 yuan. Huawei’s total number of shares exceeds 20 billion shares, which means that Huawei’s dividend will exceed 30 billion in 2020.

(Via)