Chapter 66: 66: Company Dividends
Han Xuewei, upon seeing the baby's used diaper, immediately remembered that some items were running low and hastily said, "Honey, we're almost out of medium-sized diapers and there's only one box of formula left. Let's find some time to buy more."
Lin Yi nodded and replied, "Let's buy them today, though it might be a bit late. This afternoon, I'm taking the dads to pick out an RV, since the need to take the baby out is becoming more urgent."
"Well, it's not that urgent, it doesn't have to be today. We can just take some time in the next couple of days to stock up," Han Xuewei said.
Lin Yi was relieved to hear this. Thankfully, he had kept the contact information of that sales clerk from last time, so he could just ask her to deliver what they needed again.
Lin Yi nodded, "Yeah, once the RV is ready, traveling anywhere with the whole family will be much more convenient!"
After hearing this, Han Xuewei smiled and picked up a piece of meat from her bowl and gave it to Lin Yi.
Lin Yi saw his wife putting food on his plate and hurriedly stretched out his mouth, biting down on her chopsticks. After eating, he even blew a kiss. If it weren't for the grease on his mouth, he would have been all over her by now, wouldn't he?!
His wife's move made Han Xuewei laugh as well, and Lin Yi also picked up a piece of lean meat from his bowl and fed it to his wife.
Han Xuewei felt a bit shy, but she still ate the piece of meat.
For a while, the two of them found joy in feeding each other, turning a meal that could've been finished in ten minutes into a half-hour affair.
After finishing the meal, Lin Yi started to go downstairs to wash the dishes, but just then, his phone received a text message.
Since he was busy with the dishes, he didn't have time to check the message, but Aunt Wang came over to help, so he wiped his hands and took out his phone.
As soon as he saw the message, Lin Yi couldn't help but get a huge shock.
His heart started racing faster and faster, feeling like it was about to jump out of his chest!
Lin Yi stared in disbelief at the text message, his eyes almost popping out of his head!
The message was from the bank, concerning a deposit that had been made. It clearly indicated that the payer was the "Fuwawa Baby Products Company"!
Looking at the string of digits, Lin Yi began to count.
"One, ten, hundred... hundred thousand, million!"
A total of ninety-seven million had been credited!
Good heavens! To have that much money?!?
Lin Yi's eyes widened in disbelief. If he remembered correctly, the dividends from this company were distributed quarterly, and shareholders could receive a payout every six months.
This was just half of it! There was almost an equal amount of dividends to come in the second half of the year!
With only ten percent of the shares in his hands, he hadn't expected to receive such a considerable dividend. The profits of the baby product industry were unimaginable!
Moreover, now that the two-child policy is completely relaxed, and people's living conditions have improved a lot compared to before, who wouldn't want to buy good things for their baby?
Whether it's the daily milk powder or complementary foods, you have to choose the healthy ones that are suitable for the baby's physical development. Not to mention the things they use, from the baby's toys to water bottles and utensils, even the diaper needs to be of better quality! There is no doubt about that!
After all, times are progressing!
Free-range parenting is so last century, nowadays, every family's baby is precious, aren't they all spoiled by two generations?
As a result, the maternal and child industry is becoming more and more profitable, so there are noticeably more maternity and baby stores on the streets.
Lin Yi looked at the text messages on his phone and couldn't help but giggle, at a loss for a moment.
Just then, Lin Yi's dad came out to pour tea and, seeing his son standing at the kitchen door laughing like that, he casually asked, "What's got you so happy? It's the first time I've seen you laugh like this."
Lin Yi hurriedly showed his dad the text message, excitedly saying, "Dad, look how many zeros there are! Just receiving this much in dividends for ten percent of the shares for this quarter, and the second half of the year is definitely only going to bring more! I never thought it would be so much!"
Lin Yi's dad took the phone, counted the zeros, and was also somewhat astonished.
"Based on this, the dividends you'll get in two years could catch up to the market value of my company! Just the other day your mom was nagging at my side, saying you made an investment and now you have made money, and in the future, we won't have to worry about you. I didn't take it seriously, thinking she was exaggerating. But I never expected, your quarterly dividend would be so substantial!"
"Indeed my son! Each generation gets stronger than the last, well done, well done!" Lin Yi's dad patted his shoulder and spoke earnestly.
He had never thought that one day his son would achieve such great success. He had full confidence in his son's abilities. He was equally comforted, it seemed he could finally rest easy leaving the company in his hands to manage.
The scale of his own company was not very large, during its most brilliant time, the market value nearly broke one billion, but these past two years the industry has been sluggish, and the company experienced losses, with market value halved, leading to rumors in the industry that the Lin Family's business might be on the verge of bankruptcy.
But looking now, it seems the blue is outshining the indigo. His era had passed, but his son was still very promising! The future belongs to the young, and he feels pride in having such a son!
What he hopes for now is that his son can take the company he founded and grow it further, for the son to continue the father's legacy, and create an even better future!
At this time, Lin Yi quickly said, "Dad, Mom mentioned that the relocation has been quite costly these days. I'll transfer a sum over right now for you to use, and if it's not enough, just let me know."
Lin Yi's dad quickly shook his head after hearing this, "No, no, no, keep the money you've earned for yourself, you will have many more expenses in the future, your dad can get by for now."
Although Lin Yi's dad said this, they had only prepared five million for their son's marriage. If the company's development continued as before, the wedding gift could possibly have reached hundreds of millions.
Lin Yi's dad may not yet know that his son has given his daughter-in-law a villa. If he knew that his son could afford a 900-square-meter villa in the city center, he would certainly be shocked!
They, as a couple, had once planned to buy a five-bedroom, two-living-room house for their son as a wedding home, but plans don't always keep up with changes. They did not expect their son to marry so early, nor did they foresee the company's development slump in these two years.
If Lin Yi hadn't made it clear that he had bought a villa already for the wedding home, they probably would have had to borrow money even for the down payment on the son's house!
But after hearing his dad's words, Lin Yi just smiled lightly and continued, "Dad, you don't have to be polite with me, this is just a token of my feelings, and you can rest assured with the money. Plus, you know my financial situation, I have more than enough to spare right now. "