China Securities Journal｜Dividend Yield of SSE Composite Index Hits 3.10%! 56 Companies Record Over 5% Dividend Yield for Three Consecutive Years

Translated from China Securities Journal's Taurus APP

The latest data shows that as of April 11, the dividend yield of SSE Composite Index reached 3.10%, a leading rate among major global stock indices. During the same period, the dividend yields of the Nasdaq Index, the Dow Jones Industrial Average, the S&P 500 Index and the Nikkei 225 Index were about 0.82%, 1.09%, 1.41%, and 1.97%, respectively. The core index on the SSE market has surpassed these global major market indices in terms of dividend yield.

At the same time, the total amount of actual dividends paid by SSE-listed companies in that year (referring to cash dividends with the ex-dividend date falling from January 1 to December 31 of that year) grows steadily at a compound rate of 13.60% in the past three years, far exceeding the 9.8% compound rate for NYSE-listed companies during the same period, and significantly higher than the dividend growth levels of companies listed in the markets of Hong Kong SAR (9.25%) and Japan's Tokyo Stock Exchange (9.23%).

In recent years, SSE-listed companies have steadily increased their overall dividend payouts by continuously improving the investor return arrangements, showing strong value and attractiveness in the global capital market. According to the latest data, among SSE-listed companies, 202 have a dividend yield of no less than 3% for three consecutive years, and 56 have a dividend yield of more than 5% for three years running, such as Petrochina Company Limited, China Petroleum & Chemical Corporation, China Shenhua Energy Company Limited, and COSCO Shipping Holdings Co., Ltd.

The above information is provided for reference purposes only and does not constitute investment advice.