时报观察｜用“真金白银”夯实投资者回报根基

Group 1 - The China Securities Association recently released the 2025 cash dividend ranking for listed companies, covering total cash dividends, dividend payout ratios, and dividend yields, reflecting a comprehensive assessment of companies' dividend performance and the ongoing improvement of investor return mechanisms in the capital market [1] - The ranking's compilation principles highlight the deep integration of regulatory guidance and market demands, ensuring compliance as a baseline while promoting sustainable dividends and encouraging companies of various sizes to develop dividend habits [1] - The trend of increasing dividends in the capital market is attributed to the steady improvement in listed companies' operating performance and a growing emphasis on investor returns, enhancing investor confidence in future company developments and providing strong support for market stability [1] Group 2 - Despite the positive trends, some companies still exhibit weak dividend awareness or unstable dividend practices, necessitating stronger regulatory oversight and the establishment of robust dividend mechanisms by companies [2] - There is an expectation that with policy guidance, regulatory promotion, and collaborative efforts from operating entities, more listed companies will actively participate in dividend distribution, solidifying the foundation for investor returns and contributing to the high-quality development of China's capital market [2]