Core Insights - The article emphasizes the increasing importance of future dividends in trading strategies, portfolio management, and risk management for institutional investors focusing on the Chinese market, especially as regulatory bodies encourage more stable and frequent dividend policies to support stock prices and boost investor confidence [1][3]. Model Overview - Bloomberg Dividend Forecast (BDVD) combines three core driving factors to assess and predict dividend payments, integrating both quantitative and qualitative key factors while backtesting dividend payment dates to identify patterns [3]. - The dividend amount model considers company fundamentals, debt structure, management comments, and dividend policies, along with additional calculation factors that comply with the latest regulations from the China Securities Regulatory Commission [3][4]. Data Access and Delivery - BDVD data is accessible through Bloomberg Terminal and Data License services, allowing for enterprise-level and scalable data access [6]. - Two delivery methods are offered: bulk delivery for complete datasets and per security delivery for specific data needs, including detailed predictions for dividends, announcement dates, ex-dividend dates, and payment dates [10][11]. Applications for Sell-Side Institutions - Sell-side analysts can utilize BDVD data to validate dividend hypotheses, enhancing the accuracy of stock research and industry outlooks, while also showcasing improvements in Chinese corporate dividend policies to attract global capital [10]. - Accurate dividend predictions are crucial for derivatives trading teams, as dividends directly impact options pricing, index futures, and structured products [10]. Applications for Buy-Side Institutions - Buy-side institutions can leverage BDVD data to enhance dividend strategies and optimize investment performance, with evidence showing that companies predicted to have the highest future dividend growth outperformed those with the highest actual dividend growth [19]. - Portfolio managers can adjust holdings to favor companies with stable or growing dividends and conduct scenario stress tests to assess cash flow risks and potential return volatility [21][22]. Global Coverage and Forward-Looking Capability - BDVD products provide comprehensive global solutions for dividend amount and payment date predictions, covering nearly 99% of companies with a continuous or active dividend record [23][24]. - The product offers extensive historical data, enabling investors to obtain reliable forward-looking insights on future dividends, supporting diverse applications from strategy development to risk assessment [24][27].
彭博股息预测(BDVD)数据现可通过彭博企业数据解决方案获取
彭博Bloomberg·2025-11-05 06:04