Mid-term dividends become normal! WuXi AppTec (02359) announced mid-term dividends for the second consecutive year with an estimated total cash dividends of over 5.7 billion yuan in 2026.

The shareholder return mechanism of WuXi AppTec (603259.SH/02359) is entering a new stage. Following the implementation of mid-year dividends for the first time in 2025, the company is expected to continue this measure in 2026, achieving consecutive mid-year dividends for the second year. Combined with the annual dividend plan, the total cash dividend amount in 2026 is expected to exceed 5.7 billion yuan, breaking historical records. This means that "mid-year dividends" are transforming from a one-off special measure to a normalized, predictable return mechanism for the company. The confidence in normalized dividends comes from sustained, above-expected performance growth. The 2025 performance announcement shows that the company's annual revenue reached 45.456 billion yuan, with a year-on-year surge of 102.65% in net profit attributable to shareholders. Strong profitability and a healthy cash flow provide a solid foundation for sustained high dividend payouts. Over the seven years since its listing, WuXi AppTec has returned over 20 billion yuan to shareholders through dividends and buybacks, accounting for over 40% of net profit during the same period. It is pointed out that the normalization of mid-year dividends conveys three signals: first, the management's confidence in operating cash flow and full-year profit prospects; second, the dual dividend rhythm of "annual + mid-year" enhances fund efficiency and strengthens investment attractiveness; third, it deepens the operating philosophy of "sharing development achievements with shareholders". In a market environment where certainty is sought, WuXi AppTec is consolidating its core asset position by delivering a dual performance of high growth and high shareholder returns.