In 2021, Huawei still spends tens of billions of dollars to distribute dividends to employees

IT Home News on February 6, according to the first financial report, Huawei announced dividend data at the end of January, and continued to implement stock dividends in 2021, which is expected to be 1.58 yuan per share. According to the report, although it is in a difficult period, in 2021, Huawei still comes up with tens of billions of funds to pay dividends to employees.

It is reported that the shareholding dividend is an important part of Huawei's employee income, and the current salary of Huawei employees mainly includes three parts: salary, bonus and dividend. According to Huawei's previously released 2020 annual report, Huawei Investment Holding Co., Ltd. is a private enterprise that is 100% owned by employees. Huawei implements an employee stock ownership plan through a labor union, with 121269 participants (as of December 31, 2020) and the participants are all employees of the company.

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

In 2020, Huawei's stock price was 7.85 yuan per share, of which the dividend per share was 1.86 yuan. At the same time, Huawei's expenditure on wages, salaries and other benefits in 2020 reached 139.095 billion yuan, and the average compensation of Huawei employees reached 700,000 yuan based on 194,000 employees. Huawei's total number of shares exceeds 20 billion shares, which means that Huawei's dividend amount will exceed 30 billion in 2020.

IT Home learned that on the morning of December 31, 2021, Huawei released its 2022 New Year's message on its official website, and disclosed the overall revenue in 2021. Huawei expects to achieve sales revenue of about 634 billion yuan in 2021, which will be down 29% from 2020. The official annual earnings data will be released at the end of March or early April this year.