45家A股公司发布三季度分红预案

Group 1 - A total of 45 A-share listed companies have announced dividend plans for the third quarter as of October 20, indicating a trend towards cash dividends that align with net profit or a certain percentage of it [1] - Among the announced plans, 5 companies are in the "board proposal" stage, while the remaining 40 are in the "shareholder meeting proposal" stage [1] - The majority of companies cite "returning value to investors and establishing a long-term investment philosophy among shareholders" as the reason for their proposals [1] Group 2 - The dividend plans are closely matched with the companies' operational conditions, as seen in the case of Wujin Zhongrui Electronics, which proposed a cash dividend of 1.35 yuan per 10 shares, considering its development stage, profitability, cash flow, and future capital needs [2] - A-share non-financial companies have maintained a net profit growth rate of around 8% and an 11% year-on-year increase in operating cash flow for the first three quarters, providing a solid foundation for quarterly dividends [2] Group 3 - Long-term, establishing a clear dividend guideline mechanism is crucial for enhancing investor confidence and attracting long-term capital, which can lead to an increase in market value [3] - Recommendations include incorporating dividend rules into company charters, linking dividend ratios to performance growth, and potentially increasing the frequency of dividends from once a year to multiple times a year [3] - A suggested approach is to distribute dividends in smaller amounts throughout the year, such as 30% and 20% of the annual dividend during the mid-year and third-quarter reports, respectively, to reduce the impact of one-time payouts and provide consistent cash flow to long-term investors [3]