91 billion yuan, the first listed bank will pay money next week

The most "love" section of A shares -listed banks are issuing 2021 cash red envelopes.

According to the statistics of Wind Stock News, three listed banks will implement dividends next week, namely Bank of Wuxi, Bank of Qilu, and Construction Bank. According to public information, 43 listed banks in A shares are divided into dividends, with a total of nearly 550 billion yuan, a record high. Among them, ICBC is still a "dividend king", which will distribute 104.5 billion yuan in cash. As of July 1, 20 banks have completed the presentation, about 75 billion yuan. The "main force" of the dividend and the head of the heads of the heads have not been active. The aforementioned CCB is the first state -owned bank to implement dividend.

From the perspective of the cash dividend ratio of listed banks, the interval is 12%to 56%. Last year, the proportion of dividends in the Shanghai Rural Commercial Bank, which was just listed last year, was the highest, close to 56%, and the lowest was Ping An Bank, only over 12%, which was slightly higher than in 2020. As a high -scoring plate, there is still a problem that investors are old -fashioned here -which is the bank stock or bank wealth management?

Next week, the three banks plan to send over 92 billion yuan

According to public information, next week, Wuxi Bank, Zilu Bank and Construction Bank will distribute dividends of 335 million yuan, 843 million yuan and 91 billion yuan, respectively, with a total dividend of more than 92 billion yuan.

The dividend is the dividend of the after -tax profits of listed companies after tax, and the dividends distributed to shareholders. Generally, listed companies will announce the dividend plan after the annual report will be released in March and April, and the entire dividend process will last until July and August. The dividend of listed banks depends on factors such as bank profitability, shareholders' return requirements, and supervision and assessment.

Listing banks, most of the performance continues to stabilize, always "favorite" dividends. According to public information, 43 listed banks in A shares have 41 disclosure of dividend plans, and the proposed cash out is close to 550 billion yuan. At present, it has been implemented about 75 billion yuan, less than 1/3. It is mainly the "main force" of the "main force" of the State -owned Bank of China and the head shares. It has not yet launched a operation. Only CCB has determined to implement dividends on July 8.

According to the disclosure plan of the listed bank, the six major state -owned banks have maintained a stable dividend ratio for 30%of the six major state -owned banks, all of which are 30%. Among them, ICBC is still a "dividend king", and it will distribute cash more than 104.5 billion yuan, and it is also the only listed bank with more than 100 billion dividends.

In the shares, except for China Merchants Bank, the proportion of dividends does not exceed 30%. China Merchants Bank disclosed that the dividend was 38.335 billion yuan, and the dividend ratio was 32%. In addition, Ping An Bank's dividend ratio is still at the bottom, still 12%. The bank recently stated that this was determined by factors such as comprehensive consideration of shareholders 'investment returns, regulatory requirements, and sustainable business development, which met the requirements of the "shareholders' return plan".

Among the urban and rural commercial banks, the difference in dividends is very different. The minimum is the Bank of Guiyang. The dividend ratio is slightly more than 18%.

Only Zhejiang Commercial Bank and Zhengzhou Bank decided to divide in 2021. Regarding independence, Liu Long, the vice president and secretary of the Zhejiang Business Bank, previously explained that no dividends conflict with the time and procedures. The bank's distribution work is being promoted in an orderly manner, and it is currently in the audit stage of the CSRC.

The Bank of Zhengzhou Bank has been dividend for two consecutive years. One of the reasons given by the bank is that the economic development in 2021 faces many challenges, especially the overweight superimposition of the general flood disasters and the new crown pneumonia.

A dividend rate running wealth management product performance

As a high -scoring sector, a listed bank has a regular question that investors are old -buying bank stocks or bank financial management?

A dividend rate is often used to answer the answer to this question. The dividend ratio is the ratio of one -year total dividend amount to the market price at the time. This indicator can better measure the investment value of the stock.

According to the closing price on July 1, the dividend rate range of 41 listed banks is 1%to 9%, the average number of calculations is 4.7%, and the dividend rate of 18 banks exceeds 5%. 8.87%. The market recognized Ping An Bank and Ningbo Bank, due to low dividends, the latest dividend rate is less than 2%.

In simple comparison, it is more cost -effective to be a bank shareholder. The average dividend rate of the above -mentioned listed banks won the average return of wealth management products last year. According to the reporting center report of the banking industry, in the month of 2021, the average annualized return rate of weighted wealth management products was 3.97%and the lowest was 2.29%, and the yield fluctuations were relatively stable. Bank stocks are also relatively "fragrant" financial assets. According to the statistics of Puyi Standards, from June 20th to 26th, the average performance benchmark for banks' new Fangka Taste Financial closed -end products is 4.03%.

Not only that, the average dividend rate of listed banks also obviously exceeds the three -year large -scale deposit interest rate. Since April this year, some state -owned banks have only 3.25%of the three -year large -scale deposit rate, and the minimum three -year interest rate of joint -stock banks is only 2.9%.

Multiple listed bank executives have invested "shouting" for their own banks. In March of this year, Liu Jin, the president of the Bank of China, called for the bank's stock to "place an order when placing an order." He said that throughout the year in 2021, the average transaction price of the Bank of China A shares was 3.16 yuan, and the board of directors suggested that dividends per share were 0.221 yuan per share. According to this calculation, the dividend rate was 6.99%, an increase of 1.21 percentage points over the previous year.

Considering that bank wealth management products have entered the era of comprehensive net worth, volatility has increased, and long -term holding high -quality bank stocks, in many people's eyes, is a stable investment choice. "For personal customers, as a part of the asset portfolio, it is already a good choice. Let's take a look at various investment tools such as wealth management products and fund fixed investment. If you invest in your own investment, it is good." Liu Jin said. However, bank stocks and wealth management products are two completely different financial assets. As an investor, he first recognizes his investment style and investment concepts, as well as risk tolerance.

On the whole, the mainstream view of the market is that bank stocks are characterized by high -scoring, low valuation, and high dividends, and have long -term allocation value.

Right now, the listed bank is about to enter the semi -annual report disclosure, according to the usual performance, or ushered in a wave of reporting. Ma Xiangyun, an analyst at the Yangtze River Securities Bank, believes that the current fund's fundamental pressure has been fully reflected in the second quarter valuation recovery process. In the future, as the economy is stabilized and restored, the real estate risk is softened, and the valuation of bank stocks will bottom out. Especially the stock banks that have continued to decline since last year, due to the gradual relief of fundamentals in the second half of the year, valuation may be reversed from the current low.

Responsible editor: Shao Yuxiang | Audit: Li Zhen | Director: Wan Junwei

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