【广发金工】分红与股指期货基差月报：2026年2月底统计

Summary of Key Points Core Viewpoint - The article provides an overview of the dividend progress of various indices and their constituent stocks, highlighting the current status of dividend implementation and the impact on futures contracts' basis rates. Group 1: Dividend Progress of Broad Indices - In the CSI 300 index, 1 stock is in the implementation stage with a total dividend of 12.51 billion [4] - In the SSE 50 index, 1 stock is also in the implementation stage with a total dividend of 12.51 billion [4] - In the CSI 500 index, 1 stock is in the implementation stage with a total dividend of 1.30 billion [4] - In the CSI 1000 index, 1 stock is in the shareholder proposal stage [4] Group 2: Dividend Progress of Industry Indices - In the pharmaceutical and biological sector, 1 stock is in the implementation stage with a total dividend of 0.66 billion, and another stock has passed the shareholder meeting [5] - In the public utilities sector, 1 stock is in the implementation stage with a total dividend of 12.51 billion [5] - In the machinery and equipment sector, 1 stock is in the implementation stage with a total dividend of 0.63 billion, and another stock is in the shareholder proposal stage [5] - In the coal sector, 1 stock is in the implementation stage with a total dividend of 1.30 billion [5] - In the oil and petrochemical sector, 1 stock is in the implementation stage with a total dividend of 0.14 billion [5] Group 3: Futures Contracts Basis Rates - The annualized basis rates for the CSI 300 index futures are -1.11% for the near month, 0.54% for the far month, 0.67% for the near quarter, and 0.79% for the far quarter [3] - The annualized basis rates for the SSE 50 index futures are -3.26% for the near month, -1.82% for the far month, -2.07% for the near quarter, and -1.65% for the far quarter [3] - The annualized basis rates for the CSI 500 index futures are 2.50% for the near month, 2.97% for the far month, 1.59% for the near quarter, and 3.28% for the far quarter [3] - The annualized basis rates for the CSI 1000 index futures are 5.71% for the near month, 6.35% for the far month, 6.70% for the near quarter, and 7.52% for the far quarter [3]