Core Viewpoint - The total cash dividends of A-share listed companies in China for the 2024 fiscal year have exceeded 2.4 trillion yuan, marking a historic high and reflecting an increase in dividend awareness among companies [1][2]. Group 1: Dividend Performance - The total cash dividends for A-share listed companies in 2024 reached 2.4 trillion yuan, a 9% increase from 2023 [2][3]. - Nine companies distributed over 50 billion yuan in cash dividends, while 33 companies exceeded 10 billion yuan, and 61 companies surpassed 5 billion yuan in dividends [2][3]. Group 2: Dividend Continuity - The number of companies with continuous dividends has increased, with 2,447 out of 4,445 companies listed for over three years having paid dividends continuously over the past three years, a 12% increase from 2023 [3]. - Among 3,569 companies listed for over five years, 1,681 have paid continuous dividends over the past five years, a 6% increase from the previous year, with 210 companies showing continuous growth in dividends [3]. Group 3: Investor Returns - A total of 466 companies have an average dividend yield exceeding 3% over the past three years, and 133 companies have an average yield exceeding 5%, indicating that dividend yields are significantly higher than government bond yields in some economies [3]. - The average dividend payout ratio for A-share listed companies in 2024 is 39%, with 1,411 companies having an average payout ratio greater than 40% over the past five years, a 24% increase from 2023 [3].
沪深A股上市公司分红2024年度首破2.4万亿元
Shang Hai Zheng Quan Bao·2025-08-09 02:38