第一财经·2025-10-26 13:17Core Viewpoint - The mid-year dividend distribution in the Shanghai Stock Exchange has reached a historical high, with a total of over 560 billion yuan distributed among 414 companies, reflecting a significant increase in the "cash red envelope" distribution rate [3][4]. Group 1: Dividend Distribution Overview - As of October 24, 320 companies in the Shanghai Stock Exchange have distributed a total of over 278 billion yuan in mid-year dividends, with an additional 90 companies set to distribute over 280 billion yuan [3]. - The total amount of mid-year dividends has increased compared to the end of August, with notable contributions from major companies such as China Mobile and China Telecom, which distributed 54.1 billion yuan and 16.6 billion yuan respectively [3][4]. - A total of 414 companies have announced their profit distribution plans, marking a record high in both the number of companies and the total amount distributed [3]. Group 2: Upcoming Dividend Payments - More than 90 companies are yet to distribute their dividends, with 20 companies confirming payment dates between October 27 and October 31, amounting to 9 billion yuan [4]. - Specific companies like Beijing-Shanghai High-Speed Railway, Guotai Junan, and State Power Investment Corporation are scheduled to distribute dividends of 1.9 billion yuan, 2.6 billion yuan, and 1.8 billion yuan respectively within the next three days [4]. Group 3: Dividend Yield Analysis - As of October 24, 290 companies in the Shanghai Stock Exchange have a dividend yield exceeding 3%, with 81 companies yielding over 5% [5]. - The average dividend yield for the 320 companies that have implemented mid-year dividends stands at 2.53%, with 102 companies exceeding 3% and 40 companies surpassing 5% [5]. Group 4: Future Expectations - With the opening of the third quarter dividend window, it is anticipated that the "high dividend" sector will continue to grow [6].