dazardcasinonodepositbonus| The king of A-share dividends is here, and the cash distribution between two shares exceeds 100 billion yuan! All the annual profits of these 50 shares are distributed

In recent years, under the guidance and encouragement of regulators, the willingness of A-share dividends has continued to rise.

According to Databao statistics, A-share dividend growth momentum continued in 2023, the total amount of dividends, the number of dividend companies, the number of dividend companies and other indicators have reached an all-time high.

The stock prices of companies with excellent historical dividend performance have performed well, and the dividend index has outperformed the market year after year. More and more investors regard the "gold content" of listed companies as an important reference standard for the high-quality development of companies. Accordingly, Databao produced the "ranking of A-share dividends" and "A-share dividend yield ranking" to provide dinner for readers.

A number of dividend indicators hit new highs

According to the data, the total amount of dividends of A-share listed companies has increased year by year in recent years. According to the data, the total dividend of listed companies exceeded 500 billion yuan for the first time in 2011, broke the trillion mark for the first time in 2017, and broke the 2 trillion yuan mark in 2022. The dividend of A shares exceeded 2% in 2023.Dazardcasinonodepositbonus0.2 trillion yuan (including cash dividends implemented in one-quarter, half-yearly and three-quarter reports, as well as year-end distribution plans) has reached another record high and has been growing positively for 18 consecutive years compared with the same period last year, with an average growth rate of close to 13%.

The increase in the dividend rate shows that A shares have a strong willingness to actively return to shareholders. The dividend rate of A shares has been stable at more than 30% for 16 years in a row; the average cash payout rate in 2023 is more than 42%, an 18-year high. In addition, the number of A-share cash payout companies and 10 billion cash payout companies reached 3855 and 30 respectively, reaching an all-time high.

In the 2023 dividend, the banking industry once again dominated the dividend list, with a total dividend of 613.349 billion yuan, far ahead of it.DazardcasinonodepositbonusOther industries account for nearly 28% of the total A-share dividends; in addition, the dividends of petroleum and petrochemical, food and beverage, communications, non-bank finance, coal and other industries all exceed 100 billion yuan.

The dividend of 30 shares is more than 10 billion.

The amount of dividend has become an important reference index to measure the dividend willingness and ability of listed companies. According to the ranking list of A-share dividends produced by Databao, the dividend of 273 shares exceeded 1 billion, of which 30 shares exceeded the 10 billion mark. The total dividend of the top 50 A shares in 2023 is as high as 1.29 trillion yuan.

Specifically, ICBC has dominated the A-share dividend list for two years in a row, and the dividend amount has exceeded 100 billion yuan. The dividend amount of China Construction Bank in 2023 exceeded 100 billion yuan, ranking second in the dividend list, and more than 100 billion yuan for the first time in history.

China Mobile ranks third, with dividends approaching 94.2 billion yuan in 2023. It is worth mentioning that China Mobile mentioned in its 2023 annual report that in order to better give back to shareholders and share the results of development, the company fully considered profitability, cash flow and future development needs, starting from 2024, the profits distributed in cash within three years gradually increased to more than 75% of the profits attributable to shareholders in that year.

Judging from the nature of the former company, the central state-owned enterprises in finance, energy and other industries have become the absolute main force of active dividend sharing. Among the top 50 A-share dividends in 2023, there are 22 financial stocks, 7 of which can only be source stocks. Ningde era, the leader of new energy, entered the top 20 dividends for the first time, with a dividend of more than 22 billion yuan in 2023.

On the whole, most of the "Tuhao" dividend companies are excellent white horse stocks. The net profits of the top 70% companies increased last year compared with the same period last year, and the weighted average median return on net assets exceeded 11%, far exceeding the average level of A shares.

The dividend rate (the proportion of the dividend amount to the current return net profit) can better reflect the enthusiasm of listed companies to share business results with shareholders.

According to Databao, there are as many as 217 shares with a dividend rate of more than 100% in 2023. However, the higher dividend rate of stocks with a lower net profit base is of little reference significance. According to Databao statistics, there are 50 stocks with a net profit of more than 100 million yuan and a dividend rate of more than 100% in 2023, that is, these stocks will share the annual net profit with shareholders.

Among them, the dividend amount of Beiyuan Group reached 1.589 billion yuan, more than 4 times its annual net profit, and the dividend rates of Jinjia shares (002191), Rongan Real Estate (000517) and Dazu CNC all exceeded 200%.

A reasonable dividend rate is more attractive to institutional investors and helps to promote the long-term rise of stock prices. And if this ultra-high dividend rate is not sustainable, it may not help the stock price performance. Of the above 50 stocks, only a few stocks such as Yutong bus (600066), Xingqi Eye Medicine (300573), Huaming equipment (002270), Jiang traditional Chinese Medicine (600750), Yangyuan Beverage (603156) and China International Trade (600007) have risen significantly this year.

The dividend yield of 6 shares is over 10%.

In investment practice, dividend yield is one of the important yardsticks to measure whether an enterprise has investment value or not, and it is an index that can directly reflect the rate of return of investors. According to the A-share dividend yield ranking, among the stocks planning to implement dividends in 2023, 167 shares have a dividend yield of more than 5% based on the latest closing price, mainly distributed in banking, coal, basic chemical, textile and clothing, light industrial manufacturing, machinery and equipment and other industries, of which as many as 25 bank stocks have a dividend yield of more than 5%.

Liba shares, Rongan Real Estate, Huayang Racing, Yanzhou Mining Energy, United Development shares (002394), Xiangjiang Holdings (600162) and other 6 shares have a dividend yield of more than 10%.

The dividend rate of Liba shares is the highest, reaching 15.91%. The distribution plan of the company in the semiannual report and annual report in 2023 is 1 yuan per share in cash dividend, and the latest stock price is 12.57 yuan. The higher long-term dividend yield has better reference value. For example, Chengdu Bank (601838), Gree Electric Appliances (000651), China Shenhua and other long-term high dividend yield stocks all rose sharply during the year.

Disclaimer: all the information content of Databao does not constitute investment advice, the stock market is risky, investment should be cautious.

Editor: Lin Lifeng

Proofreading: Wang Wei

Beauty editor: Zhao Faxin

Data treasure

Databao (shujubao2015): Securities Times intelligent original new media.

This article was first posted on the official account of Wechat: Databao. The content of the article belongs to the author's personal point of view and does not represent the position of Hexun. Investors operate accordingly, at their own risk.