Sou Hu Cai Jing·2025-08-08 13:23Core Insights - The China Securities Association released the 2025 cash dividend ranking for listed companies, emphasizing principles of compliance, continuity, and multi-dimensional evaluation [1][2] - The total cash dividends for A-share listed companies in 2024 reached a record high of 2.4 trillion yuan, representing a 9% year-on-year increase [1][2] - The trend of increasing cash dividends reflects a growing awareness among companies to reward investors with tangible returns [2] Summary by Category Cash Dividend Data - In 2024, 9 companies distributed over 50 billion yuan in cash dividends, with 33 companies exceeding 100 billion yuan and 61 companies surpassing 50 billion yuan [1] - Among 4,445 companies listed for over three years, 2,447 have maintained continuous cash dividends for the past three years, a 12% increase from the previous year [1] - For companies listed for over five years, 1,681 have achieved continuous cash dividends over the last five years, a 6% increase year-on-year [1] Dividend Payout Ratios - The average dividend payout ratio for A-share listed companies in 2024 was 39%, with 1,411 companies having an average payout ratio above 40%, a 24% increase from the previous year [2] - Companies on the dividend payout ratio list had an average payout ratio of 49% over the past five years [2] Dividend Yields - 466 A-share listed companies had an average dividend yield exceeding 3% over the past three years, with 133 companies yielding over 5% [2] - The average dividend yield for the dividend yield list was 6.73%, surpassing the yields of some government bonds in other economies [2]