各主力合约均处于深度贴水【股指分红监控】

Group 1 - The core viewpoint of the article highlights the dividend progress of constituent stocks in major indices as of December 10, 2025, indicating that many companies are not currently in the dividend distribution phase [1][3]. - In the Shanghai Stock Exchange 50 Index, there are no companies in the proposal, decision, or implementation stages, with three companies not distributing dividends [1][3]. - The Shanghai and Shenzhen 300 Index has one company in the proposal stage, while 20 companies are not distributing dividends [1][3]. - The dividend yield statistics show that the coal, banking, and steel industries rank the highest in terms of dividend yield among disclosed dividend proposals [1][4]. Group 2 - As of December 10, 2025, the realized dividend yields for major indices are as follows: Shanghai Stock Exchange 50 Index at 2.52% with a remaining yield of 0.42%, Shanghai and Shenzhen 300 Index at 2.04% with a remaining yield of 0.24%, and the China Securities 500 Index at 1.25% with a remaining yield of 0.03% [1][8]. - The China Securities 1000 Index has a realized dividend yield of 0.96% and a remaining yield of 0.01% [1][8]. - The article emphasizes the importance of tracking the annualized premium and discount of stock index futures, which reflects institutional investors' market sentiment and risk preferences [2][3]. Group 3 - The article provides a detailed methodology for estimating dividend points in stock indices, which is crucial for accurately assessing the premium and discount of stock index futures [30][32]. - It discusses the significance of considering dividend distributions in the calculation of index futures, as they can lead to a natural decline in index points [30][32]. - The methodology includes estimating individual stock weights, dividend amounts, and the timing of dividend distributions based on historical data [30][32][39].