On April 25th, the S&P Dividend ETF closed flat with a transaction volume of 26.343 million yuan. The constituent stocks showed mixed performance; Xiamen Bank led the gainers, while HYMD led the decliners. Industry institutions indicated that both overseas and domestic markets view dividend strategies as relatively high cost-performance strategies in the long term. Looking ahead to 2025, low interest rates will remain the macro trend of the market. Against this backdrop, the yields on fixed income assets are relatively low, while dividend assets with a dividend yield of around 4% to 5% have advantages and may become an alternative choice for conservative funds, maintaining continuous appeal for long-term institutional funds. Investors can leverage the S&P Dividend ETF to seize long-term opportunities in the dividend theme
