Qi Lu Wan Bao·2025-07-29 12:50Core Viewpoint - The total cash dividend distribution for A-share listed banks in 2024 amounts to 632.59 billion yuan, reflecting an increase of 19.24 billion yuan compared to the previous year, with significant contributions from major banks like ICBC and CCB [2][3]. Dividend Distribution Overview - ICBC leads with a total dividend of 109.77 billion yuan, followed by CCB with 100.75 billion yuan, and other major banks like ABC and BOC distributing 84.66 billion yuan and 71.36 billion yuan respectively [3][5]. - Among joint-stock banks, CMB tops the list with a dividend of 50.44 billion yuan, while other notable distributions include 28.15 billion yuan from Bank of Communications and 25.94 billion yuan from Postal Savings Bank [3][5]. Cash Dividend Ratio - Fourteen banks have a cash dividend ratio exceeding 30%, with CMB at nearly 34%, followed closely by Hunan Rural Commercial Bank at 33.91% [6]. - Conversely, banks like Zhengzhou Bank and Su Nong Bank have a cash dividend ratio below 20%, with Zhengzhou Bank at only 9.69% [6]. Shareholder Returns and Stock Performance - The increase in cash dividends has led to a rise in dividend yields, with 28 banks having yields over 4% as of July 28, 2024 [8]. - Notably, Huaxia Bank has the highest yield at 4.98%, followed by Bank of Communications at 4.92% and Ping An Bank at 4.88% [9]. Future Dividend Plans - In response to regulatory emphasis on enhancing investor returns, several banks are planning mid-term dividends for 2025, with institutions like Shanghai Bank and Nanjing Bank already disclosing their intentions [10][11]. - Hunan Rural Commercial Bank has also approved a mid-term dividend plan for 2025, marking a trend among banks to implement such strategies [10][11].