Wetouch Technology Inc. Declares Special Cash Dividend of $0.5M

What Happened

• Wetouch Technology Inc. filed a Form 8-K (Regulation FD disclosure) on July 28, 2026 announcing that its Board of Directors declared a special cash dividend totaling US$0.5 million. The dividend equals approximately US$0.04 per share based on about 11.93 million outstanding shares. The record date is August 17, 2026 and the dividend is expected to be paid on or about September 30, 2026.

Key Details

• Company: Wetouch Technology Inc. (WETH)
• Total dividend: US$0.5 million (special cash dividend)
• Per-share amount: ≈ US$0.04 (based on ~11.93 million outstanding shares)
• Important dates: Filed 8-K on July 28, 2026; record date Aug 17, 2026; expected payment on/about Sept 30, 2026

Why It Matters

• This is a direct cash return to shareholders and signals the Board’s intent to allocate excess capital to investors while stating the company will maintain funds for growth, technology and strategic investments. Retail investors should note the record and expected payment dates and the modest per-share amount relative to the company’s share count. The filing is a disclosure of the Board action, not a change to recurring dividend policy.