Central SOEs Lead A-share Companies in Over 700 Billion Yuan Dividend Payouts, "Hard Tech" Sectors Shine with High Dividends

As of noon on March 30, a total of 600 A-share companies had announced their 2025 annual cash dividend plans, with a total proposed payout of 734.361 billion yuan (including those already completed). Companies controlled by central state-owned enterprises (SOEs) remain the absolute main force in dividend distribution, with a combined cash dividend amount exceeding 400 billion yuan, accounting for over 50%. Among them, Industrial and Commercial Bank of China, China Mobile, and Ping An Insurance are among the companies whose dividends each exceed 10 billion yuan.

From an industry perspective, companies in sectors such as electronics, pharmaceuticals and biotechnology, machinery and equipment, and power equipment have shown high enthusiasm for dividends. In particular, a group of "innovative" companies on the ChiNext and STAR Market have entered a harvest period, with their strong dividend payouts backed by impressive performance reports. (Shanghai Securities News)