华宝基金 lwabao WP Fund 红利日报 2025年 12/18 最新股息率 4.85% 标普红利ETF 562060 * 穿越周期·「长红」之选 · 跟踪标普中国A股红利机会指数- 联接A 501029 红利基金LOF 近1周 ( 近1月 版1年 近1年 近一日 指数涨跌幅 指數涨跌幅 指数涨跌幅 指數涨跌幅 年化波动率 0.69% -0.30% -3.08% 10.2% 12.20% 般至2025.12.17 (VS) 上证指数 上证指数 上证指数 上证指数 上证指数 11.88% 1.19% -0.77% -2.56% 15.14% T+0 最新股息率 5.51% 巷股通红利ETF 159220 官 即自 但 十 倍 【 注 送 亿 】 "同权屈阶口但「佗它灯」 " -跟踪标普港股通低波红利指数 - 联接A 022887 近一日 (近1周) (近1月) (近1年) 近1年 指数涨跌幅 指数涨跌幅 指數涨跌幅 年化波动率 指數涨跌幅 0.28% -5.23% 25.04% 12.45% -0.96% 骰至2025.12.1 (VS 上证指数 上证指数 上证指数 上证指数 -2.56% 1.19% ...

Core Insights - High dividend assets are showing strong cost-effectiveness, with coal prices expected to recover from their bottom range [1][4][12] Group 1: Dividend Assets - The shift in residents' wealth from real estate to securities has been noted, with the 10-year government bond yield remaining low and capital gains uncertain. If CPI/PPI rises, the cost-effectiveness of allocations may further decline. However, dividend assets maintain a dividend yield that is above the mean and one standard deviation, indicating long-term allocation value [4][12] - Economic stabilization and recovery could lead to growth in the earnings of dividend assets, potentially resulting in higher returns [4][12] Group 2: Coal Industry - The coal mining sector is experiencing rigid supply with limited growth in new capacity. Policies are being implemented to stabilize the market and curb overproduction, which supports a gradual recovery in coal prices. Steady growth in electricity demand is also contributing to this recovery [4][12] - Future attention may be directed towards non-electric coal usage, particularly focusing on leading companies in thermal coal that exhibit high dividends, profitability, and cash flow, as well as coking coal enterprises with high marketization and supply elasticity [4][12] Group 3: Dividend Yield Rankings - The top five sectors by dividend yield over the past 12 months include coal mining (5.89%), white goods (5.29%), rural commercial banks (4.84%), joint-stock banks (4.77%), and city commercial banks (4.61%) [5][13]

华宝基金 lwabao WP Fund 红利日报 2025年 12/16 最新股息率 4.85% 标普红利ETF 562060 * 穿越周期·「长红」之选 · 跟踪标普中国A股红利机会指数- 联接A 501029 红利基金LOF 近1周 ( 近1月 近1年 近1年 近一日 指數涨跌幅 指数涨跌幅 指数涨跌幅 指數涨跌幅 年化波动率 0.17% -3.38% 9.31% 12.17% -0.67% 般至2025.12.15 (VS) 上证指数 上证指数 上证指数 上证指数 上证指数 11.80% -0.55% -1.43% -3.07% 14.03% T+0 最新股息率 5.51% 巷股通红利ETF 159220 官 即自 但 十 倍 【 注 送 亿 】 "同权屈阶口但「佗它灯」 " -跟踪标普港股通低波红利指数 - 联接A 022887 (近1月) 近一日 (近1周) (近1年) 近1年 指數涨跌幅 指數涨跌幅 指数涨跌幅 指數涨跌幅 年化波动率 -0.41% -1.01% -3.98% 25.62% 12.40% 般至2025.12.15 (VS) 上证指数 上证指数 上证指数 上证指数 上证指数 -0.5 ...

华宝基金 łwabao WP Fund 红利日报 2025年 12/12 最新股息率 4.85% 标普红利ETF 562060 · 穿越周期·「长红」之选 · 跟踪标普中国A股红利机会指数- 联接A 501029 红利基金LOF (近1周) 近1月 近1年 (近1年) 近一日 指數涨跌幅 指数涨跌幅 指数涨跌幅 指数涨跌幅 年化波动率 7.2% 12.17% -0.53% -1.09% -3.40% 载登 2025.12.11 VS 上证指数 上证指数 上证指数 上证指数 上证指数 -0.06% -3.23% 12.84% 11.90% -0.70% T+0 最新股息率 5.51% 漫画红利ETF 159220 一 一 "同权屈斯伯祖 | 尼尼灯| " -跟踪标普港股通低波红利指数 - 联接A 022887 | 联接C 022888 近1周 近1年 近一日 近1月 近1年 指数涨跌幅 指数涨跌幅 指数涨跌幅 指數涨跌幅 年化波动率 -0.29% -2.78% 12.29% -4.02% 24.5% 载要2025.12.11 (VS 上证指数 上证指数 上证指数 上证指数 上证指数 -0.70% -0.06% ...

Core Viewpoint - The market experienced a pullback after a brief rally, with dividend-related sectors showing volatility and weakness, particularly in coal, oil, and banking stocks. The S&P Dividend ETF (562060) fell by 1.15%, but there was active repositioning by investors during the dip, leading to a daily trading volume exceeding 74.0684 million yuan [1][14]. Fund Performance and Inflows - The S&P Dividend ETF has seen consistent inflows, with over 450 million yuan net inflow over the last five days as of December 8, 2025. In the past 20 trading days, there were net inflows on 18 days, totaling over 570 million yuan, bringing the fund's total size to a record high of 2.331 billion yuan [3][16]. - The ETF's average daily trading volume over the last 20 trading days reached 59.4083 million yuan, indicating increased trading activity [3][16]. Dividend Index Characteristics - The S&P Dividend ETF tracks the S&P China A-Share Dividend Opportunities Index, focusing on 100 high-dividend companies in the A-share market that exhibit strong profitability, high quality, and relatively low valuations. The current dividend yield of the index is 4.58%, with a spread of 2.71 percentage points over the 10-year government bond yield, enhancing its attractiveness for investment [5][18]. - The S&P A-Share Dividend Index has outperformed similar indices this year, with a return exceeding 11% and an annualized Sharpe ratio of 1.58, showcasing a significant advantage in terms of higher dividends and stronger returns [5][18]. Market Outlook - Short-term market conditions indicate ongoing consolidation, with rapid rotation among sectors. The previously high-performing technology sector is currently in a correction phase, while the high-dividend strategy remains a focal point for investors [6][19]. - Mid-term, new regulations on public fund performance benchmarks may lead to increased allocations towards dividend-paying sectors, which are currently underrepresented in public fund portfolios [6][19]. - Long-term, regulatory changes requiring state-owned insurance companies to allocate 30% of new premiums to A-shares, along with extended assessment periods for these companies, are expected to bolster investments in dividend-focused assets, providing sustained support for the market [6][19]. Comparative Performance of Dividend Indices - Year-to-date performance of various dividend indices shows the S&P A-Share Dividend Index leading with a gain of 11.64%, followed by other indices such as the Dividend Quality Index at 7.84% and the Central Enterprise Dividend Index at 6.40%. The S&P A-Share Dividend Index also boasts a dividend yield of 4.58% [7][20]. Historical Performance of the S&P Dividend ETF - From 2005 to September 2025, the cumulative return of the S&P A-Share Dividend Total Return Index reached 2596.59%, with an annualized return of 17.64%. This product is characterized by its "dividend + small-cap + industry diversification" features, making it a compelling option for investors seeking a balanced portfolio [8][21].

Core Viewpoint - The S&P China A-Share Dividend Opportunities Index has shown strong performance in recent periods, with notable annual returns and a solid dividend yield, indicating potential investment opportunities in the Chinese equity market [2][3][4]. Performance Summary - The index's total return for the past year is 17.09%, with a year-to-date return of 17.09% and a one-month return of 1.52% [2]. - The price return for the index is 11.64% year-to-date, with a one-month return of 1.34% [2]. - The benchmark index, S&P China A 300 Index, has a total return of 19.53% year-to-date, but a one-month return of -2.54% [2]. Annual Performance - The total return for the S&P China A-Share Dividend Opportunities Index in 2024 is 14.98%, compared to 14.21% in 2023 and -3.59% in 2022 [3]. - The price return for the index in 2024 is 8.18%, while the benchmark index has a total return of 15.81% in the same year [3]. Valuation and Dividend Yield - The historical price-to-earnings (P/E) ratio of the index is 11.57, with an expected P/E ratio of 10.67 [4]. - The dividend yield stands at 4.85%, indicating a favorable income potential for investors [4]. Index Composition Characteristics - The index comprises 100 constituent stocks, with an average market capitalization of CNY 128,766.74 million [5]. - The largest constituent stock has a market capitalization of CNY 2,566,723.46 million, while the smallest is CNY 3,997.07 million [5]. Top Ten Constituents - The top ten constituents include companies from various sectors, such as textiles, electrical equipment, and pharmaceuticals, with the largest being 002083.SZ (Jimu Co., Ltd.) in the textile sector [6][18]. - The top ten constituents account for 15.3% of the total index weight, with the largest single stock representing 2.4% [5][18]. Industry Distribution - The index is diversified across multiple industries, reflecting a broad exposure to the Chinese economy [19].

Core Insights - The article highlights the top-performing stocks in the S&P China A-Share Dividend Opportunity Index (CSPSADRP) as of December 2, 2025, showcasing significant daily and year-to-date gains along with dividend yields [1][4]. Summary by Category Stock Performance - The top stock, 思维列控 (Code: 603508.SH), recorded a daily increase of 6.38% and a year-to-date increase of 38.28%, with a dividend yield of 12.69% [1][4]. - 建霖家居 (Code: 603408.SH) and 欧普照明 (Code: 603515.SH) also showed strong performance, with daily increases of 3.25% and 2.61%, and year-to-date increases of 11.24% and 15.74%, respectively [1][4]. - 录日股份 (Code: 002083.SZ) stands out with an impressive year-to-date increase of 118.84%, despite a lower daily increase of 1.96% [1][4]. Dividend Yields - The highest dividend yield among the top performers is from 永新股份 (Code: 002014.SZ) at 7.98%, with a year-to-date increase of 12.58% [1][4]. - Other notable dividend yields include 志邦家居 (Code: 603801.SH) at 6.47% and 思维列控 (Code: 603508.SH) at 12.69% [1][4]. Market Trends - The article indicates a positive market trend with the formation of MACD golden cross signals, suggesting potential upward momentum for the highlighted stocks [3][6].

Core Insights - The S&P Dividend ETF (562060) has seen a slight increase of 0.16%, with the latest price at 0.614 yuan and a record trading volume of 1.68 billion yuan, leading its category with a turnover rate of 8.76% [1][4] - Over the past five trading days, the ETF has experienced net inflows on four occasions, totaling 20.2 million yuan, and over the last 20 days, it has attracted more than 160 million yuan [1][4] - The recent volatility in the technology growth sector has heightened the necessity for investors to allocate funds into dividend assets as a stabilizing force in their portfolios [1][4] Fund Performance - The S&P Dividend ETF and its linked funds (Class A 501029, Class C 005125) passively track the S&P China A-Share Dividend Opportunities Index (CSPSADRP), focusing on dividend stability and sustainable earnings [1][4] - The index is optimized semi-annually and is characterized as a rare "offensive" dividend strategy with low valuations, small market capitalization, and high dividends [1][4] - From 2005 to September 2025, the cumulative return of the S&P A-Share Dividend Total Return Index reached 2469.11%, with an annualized return of 17.73% [1][4]

MACD金叉信号形成，这些股涨势不错！ 责任编辑：张恒星 "同以心听旧退·尼尼灯!" 跟踪标普港股通低波红利指数 - 联接A 022887 近1年 近1日 近1周 ( 近1月) 近1年 指数涨赔 指数涨跌幅 指数涨跌幅 年化波动率 指数涨跌幅 3.77% 0.79% 0.18% 33.4% 12.53% (VS) 上证指数 上证指数 上证指数 上证指数 上证指数 0.65% 1.14% -1.03% 17.66% 11.98% 器 全新品 原因 4.18% A500红利低波ETF 159296 · 行业均衡·双因子攻守兼备 · -跟踪中证A500红利低波动指数 - 近1日 近1周 (近1月) 近1年 近1年 指数涨跌幅 指数涨跌幅 据数涨跌幅 指數涨跌幅 年化波动率 0.37% 0.83% 9.85% 0.04% 6.86% 最至2025.121 (US) 上证指数 上证指数 上证指数 上证指数 上证指数 0.65% 1.14% -1.03% 17.66% 11.98% 最新能息表 4.14% 800红利低波ETF 159355 · 聚焦大中盘·季季可评估分红 * · 跟踪中证800红利低波动指数 - *注: ...

Group 1 - The article highlights the top 20 stocks in the S&P China A-Share Dividend Opportunity Index, showcasing their daily and year-to-date performance along with dividend yields [1] - 常宝股份 (002478.SZ) leads with a daily increase of 6.26% and a year-to-date increase of 53.96%, with a dividend yield of 2.97% [1] - 德业股份 (605117.SH) and 沪农商行 (601825.SH) also show strong performance, with year-to-date increases of 39.92% and 16.03% respectively, and dividend yields of 4.89% and 4.74% [1] Group 2 - The list includes companies with varying performance, such as 森马服饰 (002563.SZ) which has a year-to-date decrease of 5.67% but a high dividend yield of 8.45% [1] - Other notable mentions include 思维列控 (603508.SH) with a year-to-date increase of 44.43% and a dividend yield of 11.71%, indicating strong investor interest [1] - The overall trend suggests a positive sentiment in the market, as indicated by the MACD golden cross signal formation, which is associated with bullish stock movements [3]