In the past fiscal year of July 2018 – June 2019. We have received higher profits than expected. Pursuant to the Subscription Agreement and to appreciate investors’ sincere trust and great support, Jin-Ocean MIC will distribute an extra dividend based on his or her percentage of share interest to each and every shareholder who holds shares as of June 30, 2019.
According to our calculation, for the shareholders who receive monthly cash dividends, the standard annual rate of return is 8%, while the extra dividend rate is 0.63%, therefore, the total rate of return equals 8.63%. For those shareholders who receive stock dividends, the standard annual rate of return is 8.24%, while the extra dividend rate is 0.63%, therefore, the total rate of return equals 8.87%.
Please be advised that the cash dividends will be directly deposited into the shareholders’ bank accounts shortly as the cheques are issued. And the stock dividends will be reinvested into the shareholders’ account accordingly.