Group 1: Dividend Progress of Constituent Stocks - As of March 18, 2026, in the SSE 50 Index, 1 company is in the proposal stage, 0 in the decision stage, 0 in the implementation stage, 1 has distributed dividends, and 2 do not distribute dividends [1] - In the CSI 300 Index, 17 companies are in the proposal stage, 0 in the decision stage, 0 in the implementation stage, 2 have distributed dividends, and 23 do not distribute dividends [1] - In the CSI 500 Index, 17 companies are in the proposal stage, 1 in the decision stage, 0 in the implementation stage, 0 have distributed dividends, and 66 do not distribute dividends [1] - In the CSI 1000 Index, 24 companies are in the proposal stage, 0 in the decision stage, 0 in the implementation stage, 0 have distributed dividends, and 223 do not distribute dividends [1] Group 2: Dividend Yield Comparison by Industry - The current dividend yield statistics show that the coal, banking, and steel industries rank the top three in terms of dividend yield among the disclosed dividend proposals [2][3] Group 3: Realized and Remaining Dividend Yields - As of March 18, 2026, the realized dividend yield for the SSE 50 Index is 0.00%, with a remaining dividend yield of 2.82% [8] - The realized dividend yield for the CSI 300 Index is 0.00%, with a remaining dividend yield of 2.14% [8] - The realized dividend yield for the CSI 500 Index is 0.00%, with a remaining dividend yield of 1.17% [8] - The realized dividend yield for the CSI 1000 Index is 0.00%, with a remaining dividend yield of 0.89% [8] Group 4: Tracking of Index Futures Premium/Discount - As of March 18, 2026, the annualized discount for the IH main contract is 2.04%, for the IF main contract is 6.75%, for the IC main contract is 9.65%, and for the IM main contract is 11.28% [1][3] - The tracking of index futures premium/discount levels will consider the impact of constituent stock dividends on the index point drop [2][3] Group 5: Methodology for Dividend Point Estimation - The methodology for estimating dividend points considers the dividend distribution of constituent stocks and their impact on index futures pricing [23][25] - The estimation process involves obtaining accurate data on constituent stock weights, dividend amounts, and total market capitalization [26][28] - The prediction of dividend amounts is based on historical net profit distributions and dividend payout ratios [29][30]

Key Points - The article discusses the dividend progress of constituent stocks in major indices as of April 23, 2025, highlighting the stages of dividend announcements and distributions for various indices [1][3][8] - It provides a comparison of dividend yields across different industries, noting that coal, banking, and steel sectors have the highest yields [4] - The realized and remaining dividend yields for major indices are presented, with the Shanghai 50 index showing a realized yield of 0.06% and a remaining yield of 2.41% [6] - The article tracks the annualized premium/discount of stock index futures, indicating that the IH main contract has a premium of 3.71%, while the IM main contract has a premium of 16.23% [1][3] Dividend Progress of Constituent Stocks - As of April 23, 2025, in the Shanghai 50 index, 32 companies are in the proposal stage, 2 in the decision stage, 2 in the implementation stage, 1 has paid dividends, and 4 do not pay dividends [1][3] - In the CSI 300 index, 161 companies are in the proposal stage, 23 in the decision stage, 7 in the implementation stage, 8 have paid dividends, and 28 do not pay dividends [1][3] - The CSI 500 index has 188 companies in the proposal stage, 46 in the decision stage, 2 in the implementation stage, 3 have paid dividends, and 90 do not pay dividends [1][8] - The CSI 1000 index shows 378 companies in the proposal stage, 87 in the decision stage, 14 in the implementation stage, 7 have paid dividends, and 217 do not pay dividends [1][8] Industry Dividend Yield Comparison - The article presents statistics on the current dividend yields of stocks with disclosed dividend proposals, ranking coal, banking, and steel industries as the top three sectors [4] Realized and Remaining Dividend Yields - As of April 16, 2025, the realized dividend yields for major indices are as follows: - Shanghai 50 index: 0.06% realized yield, 2.41% remaining yield [6] - CSI 300 index: 0.11% realized yield, 2.03% remaining yield [6] - CSI 500 index: 0.01% realized yield, 1.42% remaining yield [6] - CSI 1000 index: 0.01% realized yield, 1.10% remaining yield [6] Stock Index Futures Premium/Discount Tracking - As of April 23, 2025, the annualized premiums/discounts for stock index futures are: - IH main contract: 3.71% premium [1][3] - IF main contract: 6.43% premium [1][3] - IC main contract: 13.57% premium [1][3] - IM main contract: 16.23% premium [1][3]