Statistics show that 288 companies' cash dividend yield is higher than 5.25%, accounting for 17%, of which 99 companies cash dividend yield exceeds 10%.

A few days ago, the responsible person of the China Securities Regulatory Commission said that the quasi mandatory Dividend System of listed companies should be launched to enhance the pparency of dividend matters and promote the return of listed companies to investors in general to a new level.

The Securities Daily's Market Research Center and WIND statistics show that since 2005, the cumulative dividend amount of listed companies has been about 1 trillion and 770 billion yuan, and the dividend yield is only 6.88%.

Among them, 99 companies have over 10% of shareholders' earnings, accounting for 5.84%, and 6 companies have 120 companies with a cash dividend exceeding 1 yuan each year, making it the largest share of A shares' cash cows.

120 "cash cows"

More than 1 yuan per share.

Statistics show that in the past 6 years, there are 313 companies with a total share of less than 0.1 yuan per share. In the past 6 years, there are 980 companies with a total share of 0.1 yuan to 0.5 yuan per share.

Among them, 120 companies have over 1 yuan per share for 6 years, Guizhou Moutai (6.29 yuan, 6.24 yuan, Zhang Yu, A, 4 yuan, Shuanghui A (6.24 yuan, 4 yuan, 4 yuan, Yutong A, 4 yuan, Yutong A, 4 yuan, Yutong Bus, 3.29 yuan, Yutong Bus (3.34 yuan), Yutong Bus (3.34 yuan), Yutong Bus (3.34 yuan), Yutong Bus (3.34 yuan, 3.34 yuan, 3.29 yuan), and,,,,,,,,,, the,,,,,,,,, the, the, the, the,,,,,,, the, the, the,,,,,, the, the Guizhou,, the Guizhou Moutai (6.29 yuan), Zhang Yu A (6.29 yuan, 6.24 yuan, 6.24 yuan, 4 yuan, Yutong A (6.24 yuan), Yutong A (6.24 yuan), Yutong, Yutong, Yutong, the and,,,,,,,, the, the,,,,,,,,, the, the,,,,,,,, the, the,,,,,,, the, the,,,,,,, the, the, the,,,,,, the, the Guizhou,, the Guizhou Moutai (6.29 yuan), Zhang Yu A (6.29 yuan, 6.24 yuan, 6.24 yuan, 4 yuan, Yutong A (6.24 yuan), Yutong A (6.24 yuan, 4 yuan), the double foreign exchange, the double foreign exchange between,,, the,,,,,,,,,,,,, the, the, the,,,,,,,, the, the Guizhou,, the Guizhou Moutai (6.29 yuan), Zhang Yu A (6.24 yuan, 6.24 yuan, 6.24 yuan, 4 yuan, Yutong A (6.24 yuan), Yutong, Yutong, Yutong, the and,,,,,,,, the, the,,,,,,, the, the,,,, the cumulative cash amount per share of the company, such as the shares of the first brigade, the cloud nature and the shares of Pangjiang River, is over RMB per share.

From the dividend payout rate, there are 1172 companies with a dividend payout rate of less than 30%, and 523 companies with a dividend payout rate of more than 30%.

其中，亞星化學(xué)(3354.54%)、交大昂立(440.50%)、神馬股份(424.42%)、天通股份(318.07%)、濱海能源(309.76%)、東風(fēng)科技(259.61%)、上海電力(228.09%)、岷江水電(217.53%)、風(fēng)華高科(195.84%)、冠福家用(163.78%)、宏達(dá)股份(155.42%)、風(fēng)帆股份(155.00%)、天倫置業(yè)(144.57%)、江蘇吳中(143.14%)、海通集團(tuán)(142.82%)、長(zhǎng)航鳳凰(142.03%)、長(zhǎng)春一東(130.83%)、美達(dá)股份(128.29%)、興蓉投資(126.66%)、S上石化(122.13%)、新農(nóng)開(kāi)發(fā)(119.86%)、大湖股份(112.68%)、大橡塑(110.59%)、明星電力(106.53%)、九龍電力(105.74%)、深天馬A(103.73%)、攀鋼釩鈦(103.67%)和福成五豐(102.09%)等28家公司股利支付率超100%。

Cash dividends from 99 companies

Yield exceeds 10%

Statistics show that 288 companies have a cash dividend yield of more than 5.25%, accounting for 17% over the five year deposit rate.

(32.38%), Wuhan Iron and Steel Group (32.07%), Anhui Tong Expressway (30.31%), Anshan Iron and Steel Group (29.72%), Shenzhen Chai Wan A (27.59%), Ninghu Expressway (26.82%), Yantian Port (26.60%), Guangdong Expressway A (25.22%), North China high speed (25.10%), Huaneng International (25.10%), Qixia construction (25.10%), Fujian high speed (Development), China Shipping Development (YOUNGOR), Joyoung (share), Luzhou Tianhua (Group), Jinjiang investment (HK), modern investment (Group), Shougang Group (Group), Chutian Expressway (Shenzhen) and Shenzhen Express (or), etc. among them, 99 companies cash dividend yield exceeds 10%, while Baosteel shares

　　值得注意的是，現(xiàn)金收益率超6年定存且年度業(yè)績(jī)預(yù)喜的公司有24家，這些公司6年現(xiàn)金分紅收益率分別是九陽(yáng)股份(21.78%)、寧波海運(yùn)(12.60%)、勁嘉股份(11.49%)、偉星股份(10.23%)、永新股份(9.84%)、廣宇集團(tuán)(8.66%)、三鋼閩光(8.02%)、中國(guó)鐵建(7.45%)、寧波銀行(7.31%)、南京港(7.18%)、新和成(7.13%)、萬(wàn)豐奧威(7.04%)、露天煤業(yè)(6.96%)、中國(guó)海誠(chéng)(6.54%)、東港股份(6.31%)、丹甫股份(6.29%)、全聚德(6.20%)、福晶科技(6.15%)、科華生物(5.94%)、利爾化學(xué)(5.84%)、潯興股份(5.82%)、云南鹽化(5.81%)、人人樂(lè)(5.72%)和太陽(yáng)電纜(5.41%)。

Joyoung shares are typical. Since 2005, dividends have been paid 4 times, and the total amount of cash sent is about 1 billion 482 million yuan, accounting for 92.39% of the total profit, with a cash dividend of 1.95 yuan per share and a 21.78% dividend yield.

The company said that the main reason for the change in performance was the slow growth of the small household electrical appliance industry and the new business of water purification and so on. The net profit in 2011 is expected to increase by 590 million 908 thousand and 300 compared with the same period of last year, and the net profit in 2010 will be RMB $590 million 908 thousand and 300.

ICBC pays the most dividends.

From the cumulative quota, 167 companies have paid more than 1 billion yuan in 6 years.

其中，工商銀行(2258.85億元)、中國(guó)石油(2194.26億元)、建設(shè)銀行(1608.30億元)、中國(guó)銀行(1448.30億元)、中國(guó)石化(914.71億元)、中國(guó)人壽(534.20億元)、中國(guó)神華(381.88億元)、交通銀行(336.98億元)、寶鋼股份(297.70億元)、招商銀行(213.34億元)、大秦鐵路(207.75億元)、長(zhǎng)江電力(182.48億元)、農(nóng)業(yè)銀行(175.39億元)、中國(guó)平安(170.13億元)、華能?chē)?guó)際(165.54億元)、中信證券(141.55億元)、鞍鋼股份(115.26億元)、中信銀行(114.26億元)、武鋼股份(111.99億元)、興業(yè)銀行(104.07億元)、中國(guó)太保(102.10億元)、上港集團(tuán)(99.51億元)、兗州煤業(yè)(90.01億元)、寧滬高速(77.83億元)、中煤能源(69.28億元)、中國(guó)聯(lián)通(68.38億元)、浦發(fā)銀行(67.81億元)、貴州茅臺(tái)(65.29億元)、民生銀行(63.77億元)、大唐發(fā)電(58.46億元)、中國(guó)遠(yuǎn)洋(57.21億元)、紫金礦業(yè)(56.71億元)、中海發(fā)展(56.38億元)、上海汽車(chē)(55.89億元)、光大證券(52.30億元)和雅戈?duì)?/p>

(5 billion 99 million yuan) and so on 36 companies 6 years accumulative total cash dividend amount exceeds 5 billion yuan.

By comparison, it is worth commending the companies with large dividend payouts, but the dividends are large, and the dividend payout is not the most. Most of these companies are large cap stocks in the A share market.

More typical is ICBC, becoming the current A share market champion, sending cash in 2010 to 64 billion 200 million yuan. The company has been insisting on dividends from the listed companies. At present, the total dividend amount has reached 225 billion 900 million yuan, equivalent to 42% of the total net profit for the same period, and 6 yuan per share has been paid 0.65 yuan. The cumulative dividend yield is 15.26%, and the dividend payout rate of 6 years is 39.50%.

CIC said that the largest ROE bank in the first 3 quarters of ICBC was expected to have earnings per share of 0.59 yuan and 0.71 yuan in 2011 and 2012 respectively, corresponding to 7.3 times and 6.1 times earnings per share, and 1.92 times and 1.64 times the market value respectively.

Judging from the number of dividends, 5 companies such as Sinopec (13 times), Sinoma International (10 times), China Ping An (9 times), PetroChina (8 times) and Xinjiang Zhonghe (8 times) have the largest number of dividends in the 6 years. Sinopec has become the largest number of dividend payout companies in the A share market 13 times in the past 6 years, with a total cash turnover of about 91 billion 471 million yuan in 6 years, accounting for 405.12%% of the total profits.

Shenyin Wanguo believes that Sinopec's performance is in line with expectations and expects price reform. It is expected that the company's performance in 11/12 will be 0.93 yuan and 1.05 yuan, and 0.90 yuan and 1.01 yuan after the overall dilution, so as to maintain the overweight rating.