--- title: "With low valuations and frequent high dividends, dividend assets have significant allocation value, and the S&P Dividend ETF is consolidating after a pullback" type: "News" locale: "en" url: "https://longbridge.com/en/news/231308936.md" description: "On March 11th, the S&P Dividend ETF fell by 0.56%, with a transaction volume of 11.6661 million yuan. The constituent stocks showed mixed performance, with Chongqing Department Store leading the gains and Aopu Technology leading the losses. Dongxing Securities pointed out that under economic transformation and policy support, the industry's decision-making model is shifting to emphasize return on investment, and the capital market pricing mechanism will pay more attention to the free cash flow of shareholder returns. Dividend assets, due to their high dividend yield, especially coal stocks planning to increase the frequency of dividends, are suitable for key allocation" datetime: "2025-03-11T03:44:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/231308936.md) - [en](https://longbridge.com/en/news/231308936.md) - [zh-HK](https://longbridge.com/zh-HK/news/231308936.md) --- # With low valuations and frequent high dividends, dividend assets have significant allocation value, and the S&P Dividend ETF is consolidating after a pullback On March 11th, by the end of the morning session, the S&P Dividend ETF fell by 0.56%, with a transaction volume of 11.6661 million yuan. The constituent stocks showed mixed performance; on the upside, Chongqing Department Store led the gains; on the downside, Aopu Technology led the declines. Dongxing Securities stated that with economic transformation and policy support, the industry's decision-making model is shifting from relying on capital expenditure to drive net profit growth to focusing on the return on investment in terms of input-output. The pricing mechanism of the capital market will shift from solely relying on net profit as a single indicator to placing more emphasis on free cash flow that reflects shareholder returns, leading to a revaluation of cyclical stocks. Dividend assets benefit from a high dividend yield, and coal, as a representative of stable high dividends, plans to increase the frequency of dividends, making it still suitable as a solid foundation for investment returns, especially worthy of key allocation ### Related Stocks - [600729.CN](https://longbridge.com/en/quote/600729.CN.md) - [603551.CN](https://longbridge.com/en/quote/603551.CN.md) - [601198.CN](https://longbridge.com/en/quote/601198.CN.md) ## Related News & Research - [03:00 ETGreenberg Traurig's Capital Markets Practice Recognized Across Five Winning Deals of the Year at Islamic Finance News Awards 2025](https://longbridge.com/en/news/287020144.md) - [IBM Stock Leads Mega-Cap Stock Decliners as Market Volatility Triggers Steep Selloff. That Doesn’t Tell You the Whole Story.](https://longbridge.com/en/news/286966714.md) - [08:08 ETAlpenglow Rail Announces Chief Financial Officer Succession](https://longbridge.com/en/news/286909427.md) - [](https://longbridge.com/en/news/286751503.md) - [Rosenbauer Releases Interim Q1 2026 Financial Report](https://longbridge.com/en/news/286858179.md)