2025年广东上市公司分红规模再创历史新高

Core Insights - The Guangdong Securities Regulatory Bureau has implemented measures to enhance cash dividend supervision and improve investor returns since 2025, leading to a significant increase in both the number of companies and the total amount of dividends declared [1][4] Group 1: Dividend Performance - In 2025, 403 companies in the Guangdong region declared dividends totaling 129.5 billion yuan, marking a historical high in both the number of companies and the total dividend amount [2] - Among these, 219 companies have paid dividends for three consecutive years, and 162 companies for five consecutive years, indicating a substantial improvement in the sustainability and stability of cash dividends [2] - Leading companies such as Midea Group and Gree Electric Appliances announced a combined dividend of over 47 billion yuan, accounting for 36.5% of the total dividends declared in the region [2] Group 2: Mid-Year Dividend Trends - The mid-year dividend performance in 2025 was also impressive, with 110 companies declaring mid-year dividends totaling 29.2 billion yuan, representing increases of 57% and 78% compared to 2024 [3] - Several leading companies, including Gree Electric Appliances and Midea Group, paid over 1 billion yuan in mid-year dividends, while 20 companies had a dividend payout ratio exceeding 50% in the first three quarters of 2025 [3] - A positive atmosphere for regular dividends is forming, with many companies implementing mid-year dividends for the first time [3] Group 3: Regulatory Support and Investor Focus - The new "National Nine Articles" emphasizes the need for stable, sustainable, and predictable cash dividends, with regulatory guidelines encouraging companies to detail profit distribution arrangements in their articles of association [4] - The Guangdong Securities Regulatory Bureau has conducted over 10 training sessions to interpret policy requirements and promote an investor-centric business philosophy among listed companies [4] - The bureau plans to continue monitoring the execution of dividend policies and guide companies to enhance shareholder return mechanisms through cash dividends and share buybacks [4]