Beijing -- Jianpu Technology Inc. (OTCQB: AIJTY) confirmed that FINRA has fixed October 20, 2026 as the ex-dividend date for the special cash dividend the Chinese fintech platform announced on September 2, 2026.
Dividend payout of $0.499 per ADS exceeds a quarter of share price, forcing regulatory intervention
The special cash dividend of US$0.02495 per ordinary share, equivalent to US$0.499 per American depositary share, surpasses 25% of Jianpu's ADS trading price. Under FINRA rules, this threshold requires the ex-dividend date to fall on the first business day after the payment date rather than before it, pushing the ex-dividend date to October 20, 2026, one day after the scheduled October 19, 2026 payout.
Due-bill procedures will govern trades executed near the payment window
Because the ex-dividend date trails the payment date, brokers handling ADS trades around this period must apply due-bill procedures to settle entitlement to the dividend between buyers and sellers. Jianpu stated it holds no obligation regarding the amount or processing of any due bill, placing settlement responsibility entirely on the brokers representing transacting parties. The company advised ADS holders to consult their brokers ahead of any trades to understand how the due-bill mechanism affects dividend entitlement.