Midea proposes RMB 5 dividend per 10 shares for Midea stock

Published on 10/09/2026 at 12:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue is forecast to grow 2.00 percent. Midea stock costs EUR 10.62 on October 9, 2026 after EUR 10.52, plus 0.95 percent.

Key points in brief

Midea proposed RMB 5 per 10 shares in an interim dividend plan for a shareholder vote on October 13, 2026.
Second-quarter revenue rose 4.49 percent to RMB 129.472 billion, while net profit increased 1.32 percent.
Midea stock was trading at EUR 10.62 at Lang & Schwarz on October 9, 2026, up 0.95 percent versus EUR 10.52.

Midea, CNE100006M58, Illustration mit AI erstellt.

Midea (ISIN CNE100006M58) was trading at EUR 10.62 at Lang & Schwarz on October 9, 2026 at 12:27 p.m. CEST, up 0.95 percent versus the prior close of EUR 10.52. On September 27, 2026, Midea proposed a cash dividend of RMB 5 per 10 shares for an extraordinary shareholder vote, according to Futubull.

Dividend proposal puts returns first

The proposal covers a total cash distribution of RMB 3.729 billion, equal to 14.10 percent of net profit attributable to shareholders, based on 7.458 billion shares after the planned cancellation. The same announcement also covers the repurchase and cancellation of 123,958 restricted shares, equal to 0.0016 percent of total share capital, according to Futubull.

The payout is therefore the larger financial item in the proposal, while the share cancellation is small relative to the capital base. If approved, the dividend is expected to be distributed within two months after the meeting.

What does the payout mean for earnings?

Midea's first-half 2026 operating revenue reached RMB 261.052 billion, up 3.46 percent year over year, while net profit attributable to shareholders rose 1.66 percent to RMB 26.446 billion, according to Futubull. The second quarter was stronger on revenue, with sales up 4.49 percent to RMB 129.472 billion, while net profit increased 1.32 percent to RMB 13.771 billion.

The earnings mix is more uneven beneath the headline. Non-GAAP net profit fell 25.31 percent in the first half, while smart-home revenue rose 4.30 percent and robotics and automation revenue increased 10.30 percent, according to the same September 10, 2026 review by Futubull.

Three dated developments

On September 27, 2026, Midea proposed the RMB 3.729 billion interim distribution and called the extraordinary meeting. On October 2, 2026, a Jefferies report cited by CSOP forecast third-quarter revenue growth of 2.00 percent and operating-profit growth of 10.00 percent, below consensus of 4.00 percent and 13.00 percent. On October 3, 2026, Midea and Electrolux began operating three North American joint ventures, with planned regional production twice its prior level, according to Borse Global.

October 13 vote comes next

Midea's first extraordinary general meeting of 2026 is scheduled for October 13, 2026, with the interim distribution and restricted-share cancellation on the agenda, according to Futubull. The decision will determine whether the proposed RMB 5 per 10 shares payment becomes an approved shareholder return.

Stock holds above EUR 10.00

Midea stock was trading at EUR 10.62 at Lang & Schwarz on October 9, 2026 at 12:27 p.m. CEST, up 0.95 percent versus the prior close of EUR 10.52. The primary-listing quote for Midea Group at 000333.SZ was CNY 82.46 on October 9, 2026 at 7:05 a.m. UTC, with a 52-week range of CNY 71.02 to CNY 89.50 and market capitalization of CNY 629.0 billion.

The further course of trading is shown by the continuously updated real-time quote of Midea stock.