Core Viewpoint - The article highlights the active cash dividend distribution by listed companies in the context of regulatory encouragement, with a total of 3,679 companies proposing distribution plans for the 2024 fiscal year, including significant cash dividends totaling 1.64 trillion yuan [1][2]. Group 1: Dividend Distribution Overview - A total of 3,679 companies have announced distribution plans for the 2024 fiscal year, with 3,674 of them including cash dividends [1]. - The cumulative cash dividend amount for the 2024 distribution plans is 1.64 trillion yuan [1]. - There are 347 companies that have included stock transfers in their distribution plans for 2024 [1]. Group 2: Key Dates for Investors - Important dates for investors focusing on dividends include the ex-dividend date and the record date, with 3,650 companies having already implemented their distribution plans [1]. - The record date for the current dividend distribution is today for 12 companies, marking the last trading day for "抢权" (right grabbing) for dividends [1]. Group 3: Notable Dividend Payouts - Among the 12 companies with a record date today, five companies have a cash payout of 1 yuan (including tax) or more per 10 shares [1]. - 东方电气 has the highest payout at 4.03 yuan per 10 shares, followed by 分众传媒 at 2.30 yuan and 中国化学 at 1.86 yuan [1][2]. Group 4: Stock Performance - 城建发展 has shown the highest increase in stock price over the past five days, with a rise of 3.77%, followed by 中金公司 and 首创证券 [2]. - The table provided lists the dividend payout amounts, stock transfer amounts, latest closing prices, and five-day price changes for the 12 companies [2].

Group 1 - The core viewpoint of the articles highlights that the current dividend distribution season has seen 3679 companies proposing distribution plans, with a total cash dividend amounting to 1.64 trillion yuan for the 2024 fiscal year [1][2] - In the context of regulatory encouragement for cash dividends, 3674 companies included cash dividends in their distribution plans, while 347 companies proposed stock transfers [1] - Key dates for investors focusing on dividends are the ex-dividend date and the record date, with 3602 companies having already implemented their distribution plans [1] Group 2 - Among the 8 companies with record dates today, the highest cash dividend per 10 shares is from China CRRC, which is 2.10 yuan, followed by Xinyang Securities and Cuihua Jewelry with 1.00 yuan and 0.90 yuan respectively [1][2] - In terms of stock performance, Cuihua Jewelry has seen the largest increase in the past five days, with a rise of 8.58%, while other notable performers include Southwest Securities and China CRRC [2] - A summary of the upcoming dividend distributions includes details such as the cash dividend per 10 shares, latest closing prices, and five-day price changes for each company [2]

Group 1 - The core viewpoint of the article highlights the active cash dividend distribution by listed companies in the 2024 fiscal year, with a total of 3,679 companies proposing distribution plans, including 3,674 companies offering cash dividends totaling 1.64 trillion yuan [1][2] - The article emphasizes two important dates for investors focused on dividends: the ex-dividend date and the record date, with 3,567 companies having already implemented their distribution plans [1] - It notes that investors may engage in "抢权" (right grabbing) before the record date, which is the last trading day to qualify for the upcoming dividends [1] Group 2 - Among the companies with upcoming dividend distributions, 24 companies have their record date today, with 16 of them offering cash dividends of 1 yuan (after tax) or more per 10 shares [1][2] - The company with the highest cash dividend per 10 shares is Luzhou Laojiao, distributing 45.92 yuan, followed by New China Life Insurance and Times Electric with 19.90 yuan and 10.00 yuan respectively [1][2] - The highest stock transfer ratio among the companies with a record date today is from Lushan New Materials, which has a distribution plan of 10 shares for every 4 shares transferred and a cash dividend of 4 yuan [2]

Core Viewpoint - The article highlights the active cash dividend distribution by listed companies in the 2024 fiscal year, with a total of 3,679 companies proposing distribution plans, reflecting a strong emphasis on cash dividends encouraged by regulatory bodies [1] Summary by Relevant Sections Dividend Distribution Overview - A total of 3,679 companies have proposed distribution plans for the 2024 fiscal year, with 3,674 of these including cash dividends, amounting to a total cash payout of 1.64 trillion yuan [1] - There are 347 companies that have included stock transfers in their distribution plans for 2024 [1] Important Dates for Investors - Investors should pay attention to two key dates during the dividend distribution season: the ex-dividend date and the record date [1] - As of now, 3,548 companies have implemented their distribution plans, and the focus will be on whether these companies can achieve a "filling rights" market trend [1] Companies with Upcoming Dividend Payments - Six companies have their record date today, with four of them offering cash dividends of 1 yuan (after tax) or more per 10 shares [1] - The company with the highest cash payout is Baihe Co., Ltd., offering 7.50 yuan per 10 shares, followed by Yinlefen and Shandong Expressway, with payouts of 5.00 yuan and 4.20 yuan respectively [1] Upcoming Dividend Payment Details | Stock Code | Stock Name | Cash Dividend per 10 Shares (yuan) | Stock Transfer per 10 Shares | Latest Closing Price (yuan) | 5-Day Price Change (%) | | --- | --- | --- | --- | --- | --- | | 002832 | Yinlefen | 5.000 | - | 16.30 | -1.63 | | 600350 | Shandong Expressway | 4.200 | - | 10.08 | -2.04 | | 300457 | Yinghe Technology | 1.170 | - | 20.46 | -2.48 | | 603102 | Baihe Co., Ltd. | 7.500 | - | 42.85 | -3.73 | | 601456 | Guolian Minsheng | 0.560 | - | 11.12 | -3.89 | | 600638 | Xinhuangpu | 0.370 | - | 5.87 | -4.08 | [1]

Core Viewpoint - The article highlights the active cash dividend distribution by listed companies in China, with a total of 3,679 companies proposing distribution plans for the 2024 fiscal year, amid regulatory encouragement for cash dividends [1] Group 1: Dividend Distribution Overview - A total of 3,674 companies included cash dividends in their distribution plans for 2024, amounting to a cumulative cash payout of 1.64 trillion yuan [1] - There are 347 companies that included stock transfers in their distribution plans for 2024 [1] - The article emphasizes two important dates for investors focused on dividends: the ex-dividend date and the record date [1] Group 2: Companies with Upcoming Dividend Payments - Among the 11 companies with record dates today, 9 companies have proposed cash dividends of 1 yuan (after tax) or more per 10 shares [1] - The company with the highest cash payout is 安徽皖通高速公路股份有限公司 (Wanhua Highway), offering 6.04 yuan per 10 shares [1] - Other notable companies include 千禾味业 (Qianhe Flavoring) and 宁沪高速 (Ninghu Expressway), with cash payouts of 5.00 yuan and 4.90 yuan per 10 shares, respectively [1] Group 3: Stock Performance - Among the 11 stocks with record dates today, 千禾味业 (Qianhe Flavoring) has the highest increase in stock price over the past five days, with a cumulative increase of 4.71% [2] - Other companies with significant price increases include 上海临港 (Shanghai Lingang) and 辽宁成大 (Liaoning Chengda) [2] - The table provided lists the dividend amounts, stock performance, and latest closing prices for the companies involved [2]

Core Points - The current season marks the implementation of dividend distribution for listed companies, with 24 companies executing their distribution plans today [1] - A total of 3,679 companies have announced distribution plans for the 2024 fiscal year, with 3,674 of them including cash dividends, amounting to a total cash payout of 1.64 trillion yuan [1] - The distribution plans also include stock transfers, with 346 companies offering such options [1] Group 1 - The key dates for investors focusing on dividends are the ex-dividend date and the record date, with 3,421 companies having already implemented their distribution plans [1] - Investors interested in dividends may consider "抢权" (rights grabbing) before the record date, which is the last trading day to qualify for the current dividend [1] - Among the 24 companies with a record date today, 16 companies are offering cash dividends of 1 yuan (after tax) or more per 10 shares, with 博隆技术 offering the highest at 7.50 yuan per 10 shares [1][2] Group 2 - The highest stock transfer ratio among the companies with a record date today is also from 博隆技术, which has a distribution plan of 10 shares for every 2 shares transferred, along with a cash dividend of 7.5 yuan [2] - In terms of stock performance, 国机通用 has seen the highest increase over the past five days, with a cumulative rise of 21.42%, followed by 梓橦宫 and 氯碱化工 [2] - A detailed list of companies implementing dividend distributions includes their respective cash payouts, stock transfer ratios, latest closing prices, and five-day price changes [2][3]

Group 1 - The core logic behind the recent filling rights market is the optimistic expectations regarding the future performance of the underlying companies [1] - Filling rights refer to the process where a stock price rises to fill the gap after ex-rights and ex-dividend [1] - Companies with good development prospects, stable profitability, and sustainable growth potential tend to receive higher valuations from the market [1] Group 2 - Emerging technology companies are examples of firms experiencing filling rights due to their core technologies, large market shares, and strong innovation capabilities [1] - The market is confident in the future performance growth of these companies, which is expected to lead to significant stock price increases [1] - This performance-driven filling rights market not only provides substantial returns for investors but also helps optimize market resource allocation [1] Group 3 - However, some filling rights stocks may be subject to pure speculation, lacking performance support [2] - Short-term speculation can lead to significant price volatility, particularly in small-cap stocks without fundamental backing [2] - Investors are advised to analyze the company's fundamentals, focusing on performance, industry position, and core competitiveness to identify sustainable filling rights [2] Group 4 - Future performance is a crucial support for the filling rights market, representing an inherent market operation rule [3]

Core Insights - The Hong Kong dividend assets have strengthened this year, primarily benefiting from defensive allocation needs after a relative decline in risk appetite. As growth stocks continue to narrow, these defensive assets with stable absolute return capabilities have become a consensus among both domestic and foreign investors [1][3] - Insurance capital has frequently targeted Hong Kong dividend assets this year, driven by the positioning of insurance OCI accounts and a domestic asset shortage. Additionally, the relatively smaller market capitalization of Hong Kong banks compared to A-shares makes them more susceptible to triggering the takeover mechanism [1][4] - The pricing logic of Hong Kong dividend assets is influenced by multiple factors, including foreign investor preferences, changes in global risk-free interest rates, and liquidity discounts relative to A-shares [1][6] - The significant contraction of the AH premium this year has limited its impact on Hong Kong dividend assets in the medium to long term, as the majority of allocation funds come from long-term investors like insurance and social security, which have strong dividend capabilities and high long-term value [1][8] - There is a potential for a filling rights market after the ex-dividend date for high-dividend stocks in both Hong Kong and A-shares, with statistical data indicating that many stocks may see this filling rights market occur around July and August [1][9] Industry Outlook - The second half of the year is a turning point for insurance OCI allocation and accounting standard shifts, with expected incremental insurance funds favoring high-dividend stocks in both A-shares and Hong Kong, providing support for the Hong Kong dividend market [2][11] - As of June 17, the Hang Seng High Dividend Low Volatility Index has increased by 20.91% since the low on April 8, indicating strong performance in Hong Kong's high-dividend assets, especially in contrast to the pullback of the A-share dividend index [3] - The total cash dividend for Hong Kong stocks in 2024 is projected to reach HKD 1.38 trillion, with a year-on-year growth rate exceeding 10%. The dividend payout ratio is close to 40%, and the average dividend yield is expected to reach 4%, showing improvements compared to 2023 [5] - The pricing of Hong Kong dividend assets is also affected by the ability to short sell, which allows for more efficient pricing compared to A-shares, where liquidity is generally lower, leading to potential undervaluation of many Hong Kong stocks [6][8] - In a potential interest rate cut scenario by the Federal Reserve, Hong Kong dividend assets may benefit from a more favorable liquidity environment, increasing foreign capital interest [7]

Group 1 - The core point of the article highlights the active cash dividend distribution by listed companies, with 3,675 companies proposing distribution plans for the 2024 fiscal year, including cash dividends from 3,670 companies totaling 1.64 trillion yuan [1][2][3] - The implementation of dividend distribution is concentrated around two key dates: the ex-dividend date and the record date, with 1,294 companies having already implemented their distribution plans [1][2] - Investors are encouraged to pay attention to the "filling rights" market for companies that have not yet implemented their dividend plans, with 167 companies having their record date today [1][2] Group 2 - Among the companies with a record date today, 123 companies are distributing cash dividends of 1 yuan (including tax) or more per 10 shares, with China Mobile being the most generous, distributing 22.92 yuan per 10 shares [1][2][3] - The highest stock transfer ratio among the companies with a record date today is from Zhiyang Innovation, which has a distribution plan of 10 shares for 4.9 shares and a cash dividend of 5 yuan [2][3] - The stock performance of companies with a record date today shows that Gongchuang Lawn has the highest increase over the past five days at 34.43%, followed by Lakala and Yuhua Tian [2][3]

Group 1 - The core point of the article is that the current dividend distribution season has seen 90 companies implementing their distribution plans, with a total of 3,671 companies proposing distribution plans for the 2024 fiscal year, reflecting a strong emphasis on cash dividends from listed companies [1][2] - In the 2024 distribution plans, 3,666 companies included cash dividends, amounting to a total cash distribution of 1.64 trillion yuan, while 346 companies included stock transfers [1] - Important dates for investors focusing on dividends are the ex-dividend date and the record date, with 578 companies having already implemented their distribution plans [1] Group 2 - Among the companies with record dates today, 60 companies are distributing cash dividends of 1 yuan (including tax) or more per 10 shares, with Spring Wind Power being the most generous, distributing 38.50 yuan per 10 shares [1][2] - The highest stock transfer ratio among the companies with record dates today is from Tongxing Technology, which has a distribution plan of 10 shares transferred for every 4.5 shares and a cash distribution of 2.5 yuan [2] - The stock performance of companies with record dates today shows that Zhengzhong Design has the highest increase over the past five days, with a cumulative increase of 22.78% [2]