策略跟踪报告：A股中期分红规模延续增长

Group 1 - The total dividend amount for all A-share listed companies in the first half of 2025 is expected to reach CNY 647.998 billion, representing a year-on-year growth of 16.52% and 10.00% respectively [2][5] - Among the 489 centrally state-owned enterprises, 116 have declared or implemented dividends, accounting for 23.72%, with a total dividend amount of CNY 461 billion, a year-on-year increase of 5.13% [2][6] - The banking sector continues to lead in dividend scale, with significant participation from industries such as machinery, pharmaceuticals, and non-bank financials, where over 50 companies declared dividends [2][9][13] Group 2 - Seven industries have seen a year-on-year increase in dividend amounts exceeding 100%, with agriculture, coal, and computer sectors showing growth rates over 200% [2][14] - The report suggests focusing on industries with historically high dividend ratios and significant growth in dividend amounts, as companies are increasingly prioritizing investor returns [2][18]