Over 58.5 billion yuan "red envelopes" will be distributed this week, and the charm of dividend asset allocation still exists

According to Wind data, as of May 26, when the China Securities Journal was published, more than 500 listed companies in the A-share market plan to complete their 2024 annual equity distribution within this week, with a total cash dividend exceeding 58.5 billion yuan. Among them, companies like Wanhua and SUPOR have annual cash distribution scales exceeding 1 billion yuan. Some listed companies have also recently launched action plans for "quality improvement, efficiency enhancement, and return to shareholders" for 2025, aiming to further enhance investors' sense of gain. Industry institutions believe that companies with abundant free cash flow can not only maintain their dividend performance but also convert free cash flow accumulation into new capital expenditures to achieve ROE uplift and enjoy more growth potential. In the current context of significant external environmental uncertainty, dividend assets remain a foundational choice for long-term allocation