Chinese pork producer WH Group (0288) said it is considering distributing a special dividend following the completion of its subsidiary Smithfield Food’s initial public offering in the United States.

If it decides to proceed, the declaration of the dividend will be adopted by a resolution of the board around February 28, according to a filing on Tuesday.

WH had declared a special payout of 1.673 HK cents per share earlier this month after the share sale that raised US$234.1 million (HK$1.83 billion) in net proceeds for Smithfield.

STAFF REPORTER