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A股上市公司分红
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大手笔频现 A股上市公司分红积极性持续提升
Xin Hua Wang· 2025-08-12 05:38
Group 1 - A total of 67 A-share companies have disclosed their 2024 annual profit distribution plans, with 6 companies planning to distribute over 1 billion yuan [1] - The pharmaceutical and computer industries have seen a significant increase in dividend payout ratios, while traditional industries have seen a decrease [1] - The China Securities Regulatory Commission (CSRC) has issued new guidelines to enhance the regular dividend mechanism for listed companies, encouraging clear dividend policies in company charters [1][2] Group 2 - The new regulations have led to a noticeable increase in the enthusiasm for dividends among listed companies, with a projected total dividend payout of 2.4 trillion yuan for 2024, marking a historical high [2] - Companies with strong dividend capabilities are more likely to attract funding, as institutional investors prefer stable dividend-paying stocks, which can enhance market stability and promote healthy development of listed companies [3] - Dividends are expected to influence the market value of listed companies through both short-term adjustments and long-term value reassessments, thereby improving market structure and guiding capital flow [4]
A股公司2024年分红2.4万亿创历史新高 平均股利支付率37.78%主动性显著提升
Chang Jiang Shang Bao· 2025-05-12 00:34
Core Viewpoint - The A-share market is witnessing a significant increase in cash dividends, driven by new policies, with total dividends expected to reach nearly 2.4 trillion yuan in 2024, marking a historical high [2][4]. Summary by Category Dividend Trends - The total dividend amount for A-share listed companies has exceeded 2 trillion yuan for three consecutive years, with an overall increase of over 108% in the past seven years [3][4]. - In 2024, 3,751 companies announced or implemented cash dividend plans, with an average payout ratio of 37.78%, and 1,277 companies having a payout ratio exceeding 50% [2][4]. Policy Impact - The policies characterized by "mandatory constraints + market incentives" have significantly enhanced the initiative and enthusiasm of A-share companies towards cash dividends [3][8]. - The China Securities Regulatory Commission emphasizes improving the investment value of listed companies, encouraging them to implement multiple dividends per year [8]. Industry Performance - Key industries such as banking, oil and petrochemicals, food and beverage, and telecommunications maintain high dividend payouts, with major companies like ICBC, CCB, and China Mobile each distributing over 100 billion yuan in dividends [6]. - Nearly 1,000 state-owned enterprises collectively distributed 1.5 trillion yuan in dividends in 2024, accounting for 62.5% of the total market dividends [6]. Changes in Dividend Distribution - The shift from passive to active dividend distribution is evident, with 966 companies announcing mid-year dividends totaling 689.58 billion yuan, representing significant growth compared to the previous year [8]. - Companies are increasingly integrating dividend policies into their strategic planning, which is expected to enhance corporate governance [8].