6月合约即将到期，IH升水，IC及IM均深贴水【股指分红监控】

Group 1 - As of June 18, 2025, the dividend progress of component stocks in major indices shows that in the SSE 50 Index, 11 companies are in the proposal stage, 16 in the decision stage, 6 in the implementation stage, 14 have distributed dividends, and 3 do not distribute dividends [1] - In the CSI 300 Index, 65 companies are in the proposal stage, 87 in the decision stage, 23 in the implementation stage, 99 have distributed dividends, and 26 do not distribute dividends [1] - In the CSI 500 Index, 55 companies are in the proposal stage, 107 in the decision stage, 46 in the implementation stage, 215 have distributed dividends, and 77 do not distribute dividends [1] - In the CSI 1000 Index, 59 companies are in the proposal stage, 195 in the decision stage, 81 in the implementation stage, 447 have distributed dividends, and 218 do not distribute dividends [1] Group 2 - The current dividend yield statistics show that the coal, banking, and steel industries rank the highest in terms of dividend yield among disclosed dividend proposals [4] - As of June 18, 2025, the realized dividend yields for major indices are as follows: SSE 50 Index at 0.43% with a remaining yield of 1.90%, CSI 300 Index at 0.61% with a remaining yield of 1.37%, CSI 500 Index at 0.74% with a remaining yield of 0.61%, and CSI 1000 Index at 0.60% with a remaining yield of 0.45% [6] Group 3 - The annualized premium and discount for major stock index futures as of June 18, 2025, are as follows: IH main contract at a premium of 0.28%, IF main contract at a discount of 2.78%, IC main contract at a discount of 11.22%, and IM main contract at a discount of 16.42% [1][3] - The tracking of stock index futures' premium and discount levels will consider the impact of component stock dividends on the index point drop [2] Group 4 - The methodology for estimating dividend points in indices is crucial for accurately assessing the premium and discount of stock index futures, as it accounts for the natural drop in index points due to dividends [27] - The report outlines a detailed process for estimating dividend amounts based on net profit and dividend payout ratios, ensuring accurate predictions for future dividends [34][39]