Huan Qiu Wang·2025-12-28 01:34Core Viewpoint - The mid-term dividend distribution among listed banks is progressing steadily, with half of the banks having completed their 2025 mid-year dividend payouts, characterized by an earlier distribution schedule and an increase in dividend rates [1] Group 1: State-owned Banks - The five major state-owned banks, including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications, successfully completed their mid-term dividend payouts in December, distributing a total of 189.885 billion yuan to shareholders [3] - Bank of Communications announced a cash dividend of 0.1563 yuan per share (including tax) on December 25, totaling 13.811 billion yuan [3] - Industrial and Commercial Bank of China and Agricultural Bank of China initiated their mid-term dividends on December 15, with Industrial Bank distributing 0.1414 yuan per share (approximately 50.396 billion yuan) and Agricultural Bank distributing 0.1195 yuan per share (approximately 41.823 billion yuan) [3] - China Construction Bank and Bank of China completed their payouts on December 11, with China Construction Bank distributing 0.1858 yuan per share (approximately 48.605 billion yuan) and Bank of China distributing 0.1094 yuan per share (approximately 35.250 billion yuan) [3] Group 2: Joint-stock and City Commercial Banks - Among the A-share joint-stock banks that have implemented mid-term dividends, CITIC Bank, Minsheng Bank, and Ping An Bank completed their payouts in August 2025, with total cash dividends of 10.461 billion yuan, 5.954 billion yuan, and 4.580 billion yuan respectively [4] - Additionally, 13 A-share listed city commercial banks and rural commercial banks completed their mid-term dividends for 2025, including Shanghai Bank and Nanjing Bank, with a total distribution exceeding 18.5 billion yuan [4] - According to Guotai Junan Securities, the dividend rates for most banks that have disclosed their plans for 2025 mid-term dividends are consistent with those of 2024, while six banks, including Suzhou, Minsheng, Shanghai, Hangzhou, Huaxia, and CITIC, have increased their rates by 0.9 to 4.5 percentage points compared to 2024 [4] Group 3: Upcoming Dividend Plans - Postal Savings Bank plans to distribute 1.230 yuan (including tax) for every 10 ordinary shares, totaling approximately 14.8 billion yuan [4] - Industrial Bank intends to distribute 5.65 yuan (including tax) for every 10 shares, amounting to 11.957 billion yuan [4] - China Merchants Bank has confirmed that its mid-term cash dividend distribution will occur between January and February 2026, with a distribution ratio of 35% [4]