【导读】国有六大行晒出上半年"成绩单"，集体推出中期分红计划 2025年中报季即将收官，国有六大行上半年"成绩单"来了！ 8月29日盘后，工商银行、农业银行、中国银行、建设银行、交通银行、邮储银行纷纷发布2025年中期 业绩。数据显示，国有六大行总资产规模稳步提升，经营业绩则有升有降。同时，六大行均给出中期分 红计划，预计分红总金额超2000亿元。 六大行合计赚超6800亿元 整体来看，2025年上半年，国有六大行总资产持续增长，工商银行资产总额突破52万亿元。业绩方面， 工商银行、中国银行、建设银行呈现"增收不增利"，归母净利润同比有所下降。合并计算后，六大行上 半年净赚超6800亿元。 来看六大行的重点业务及规模数据： 工商银行：上半年资产总额突破52万亿元，客户贷款、存款规模保持同业引领。上半年实现营业收入 4090.82亿元，同比增长1.8%；实现归母净利润1681.03亿元，同比下降1.4%。 上半年，工商银行年化平均总资产回报率和年化加权平均权益回报率分别为0.67%和8.82%。不良贷款 率为1.33%，下降0.01个百分点；资本充足率为19.54%，拨备覆盖率为217.71%，分别上升0.15 ...

工商银行： 上半年资产总额突破52万亿元，客户贷款、存款规模保持同业引领。上半年实现 营业收入4090.82亿元，同比增长1.8%；实现归母净利润1681.03亿元，同比下降1.4%。 上半年，工商银行年化平均总资产回报率和年化加权平均权益回报率分别为0.67%和 8.82%。不良贷款率为1.33%，下降0.01个百分点；资本充足率为19.54%，拨备覆盖率为 217.71%，分别上升0.15、2.80个百分点，稳健经营基础更加扎实。 农业银行： 截至 6 月末，集团资产总计 46.9 万亿元，较上年末增加 3.6 万亿元。上半年实 现营业收入 3698 亿元、实现归母净利润 1395 亿元，同比分别增长 0.7% 、 2.7% ，保持 " 双增 " 势头。 【导读】国有六大行晒出上半年 " 成绩单 " ，集体推出中期分红计划 中国基金报记者 晨曦 2025 年中报季即将收官，国有六大行上半年 " 成绩单 " 来了！ 8 月 29 日盘后， 工商银行、农业银行、中国银行、建设银行、交通银行、邮储银行 纷纷发 布 2025 年中期业绩。数据显示，国有六大行总资产规模稳步提升，经营业绩则有升有降。 同时，六大行均 ...

Core Viewpoint - The article emphasizes the importance of dividend strategies in investment, highlighting their ability to provide stable returns through dual sources of income: dividend income and capital appreciation [2][11][48]. Group 1: Nature of Dividend Funds - Dividend funds are fundamentally equity assets, not fixed-income products, despite their high dividend yields [5][11]. - Investors often misinterpret dividend funds as low-risk investments, overlooking their inherent market volatility [8][9]. - The resilience of dividend funds is demonstrated by their performance during market downturns, where they have shown a tendency to recover faster than broader indices [13][14]. Group 2: Understanding Dividend Distribution - Dividend distribution is not a zero-sum game; it reflects a company's financial health and commitment to shareholder returns [18][20]. - Companies that consistently pay dividends are typically in a mature phase with stable cash flows, indicating strong operational performance [19][21]. - The reinvestment of dividends can lead to significant compounding effects over time, enhancing overall returns [21][22]. Group 3: Types of Dividend Indices - There are three main types of dividend indices: traditional dividend strategies focusing on high dividend yields, enhanced dividend strategies incorporating additional factors, and Hong Kong stock dividend strategies benefiting from unique market conditions [30][34][36]. - Enhanced dividend strategies have shown higher excess returns compared to pure high-dividend strategies, albeit with increased volatility [36]. - The concentration of dividend indices in the banking sector necessitates careful consideration for investors concerned about potential market fluctuations [36]. Group 4: Dynamic Nature of Dividend Strategies - Dividend indices are dynamically updated, ensuring that they maintain a relatively high dividend yield by replacing underperforming stocks with new candidates [40][41]. - The relationship between stock price and dividend yield is complex, with market dynamics influencing both [42][43]. - The article concludes that understanding the nuances of dividend strategies can help investors make informed decisions and achieve stable cash flows over the long term [48].