A股红利资产配置价值持续升温，红利低波ETF泰 康(560150)溢价频现，近3月规模、份额均实现显著 增长 截至2025年3月24日 14:11，红利低波ETF泰康(560150)多空胶着，溢价频现，盘中成交额已达 1124.17万元。跟踪指数成分股三维化学领涨，交通银行、南钢股份、长沙银行、重庆银行等个股跟 涨。 截至3月21日，红利低波ETF泰康(560150)近3月规模增长1.97亿元，份额增长1.85亿份，均实现显著 增长。 兴业证券报告指出，2024年以来，红利板块AH比价开始呈现大幅下行趋势，截至2025年3月19日， 红利板块AH比价已来到2018年以来33.7%分位的历史较低水平。进一步对比AH两地红利个股的股息率 情况，若考虑分红税，当前部分A股红利个股股息率已高于其对应港股，或推动A股红利资产的配置价 值持续升温。 业内机构指出，从投资角度出发，尽管今年以来红利资产行情较去年明显降温，但盈利能力稳定且 估值偏低的特征，反而使得红利资产具备较强的安全边际。在业内人士看来，在大逻辑不变而股价调整 后，正是重新布局红利板块的时机。 红利低波ETF泰康(560150)紧密跟踪中证红利低波动指数， ...

Group 1 - The article discusses the concept of "dividend low volatility," emphasizing that it is primarily based on dividends with additional features [1][2] - The performance of different dividend low volatility indices, such as the CSI Dividend Low Volatility Index and the S&P Dividend Low Volatility Index, is analyzed, highlighting the importance of industry balance in investment [3][4] - The article suggests that in bear markets, dividends play a crucial role in providing stability, while in bull markets, the focus may shift to other investment opportunities [5][6] Group 2 - The article mentions that the recent high returns of the National Free Cash Flow Index are partly due to valuation increases, indicating a potential shift in market dynamics [7] - It points out that the quality of dividends is only a partial measure of overall dividend performance, suggesting a need for a more comprehensive evaluation [8]