--- title: "On May 20th! The Hong Kong stock dividend low volatility ETF, 800 cash flow ETF, and dividend quality ETF will simultaneously distribute dividends and adjust rights" type: "News" locale: "en" url: "https://longbridge.com/en/news/286998840.md" description: "China Merchants Fund's Hong Kong Stock Dividend Low Volatility ETF, 800 Cash Flow ETF, and Dividend Quality ETF will distribute dividends simultaneously on May 20, 2026. The three ETFs each have their own characteristics, building a multi-layered dividend asset allocation system. Investors are advised to adopt a \"core + satellite\" strategy, using the 800 Cash Flow ETF as the core, and the Dividend Quality ETF and Hong Kong Stock Dividend Low Volatility ETF as satellite allocations, forming a diversified portfolio in terms of style and market" datetime: "2026-05-20T03:26:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286998840.md) - [en](https://longbridge.com/en/news/286998840.md) - [zh-HK](https://longbridge.com/zh-HK/news/286998840.md) --- # On May 20th! The Hong Kong stock dividend low volatility ETF, 800 cash flow ETF, and dividend quality ETF will simultaneously distribute dividends and adjust rights Recently, the China Merchants Fund's Hong Kong Stock Dividend Low Volatility ETF (520550), 800 Cash Flow ETF (159119), and Dividend Quality ETF (159209) simultaneously announced dividend distributions. All three ETFs have April 30, 2026, as the income distribution benchmark date, May 19, 2026, as the equity registration date, and May 20, 2026, as the ex-dividend date. The three ETFs are precisely positioned and each has its own characteristics, collectively building a multi-layered dividend asset allocation system: The Dividend Quality ETF (159209) represents "value growth." While focusing on dividend yield, it emphasizes quality factors such as ROE and earnings stability to selectively screen high-quality companies with solid fundamentals in sectors like consumer goods and non-ferrous metals, making it a core tool for the "high-quality dividend" strategy. The Hong Kong Stock Dividend Low Volatility ETF (520550) represents "deep value." It tracks the Hang Seng Hong Kong Stock Connect High Dividend Low Volatility Index, with a dividend yield of nearly 5%, combined with weights in stable industries such as finance and utilities, making it an efficient tool for allocating high-yield Hong Kong stocks. The 800 Cash Flow ETF (159119) focuses on "the intrinsic blood-making ability of enterprises." It tracks the CSI 800 Free Cash Flow Index, selecting listed companies with the most abundant free cash flow in the entire market, serving as a "ballast" tool to navigate cycles and withstand uncertainties. All three products have low fees (management fee of 0.15% per year) and a mechanism for regular dividend assessments. Industry insiders suggest that investors can adopt a "core + satellite" strategy: using the 800 Cash Flow ETF (159119) as the "core holding" of the portfolio to provide a stable cash flow foundation; and using the Dividend Quality ETF (159209) and Hong Kong Stock Dividend Low Volatility ETF (520550) as "satellite allocations" to capture high-quality growth opportunities in A-shares and deep value opportunities in Hong Kong stocks, thereby constructing a "permanent dividend income" portfolio with diversified styles, markets, and a balanced approach to risk and return ### Related Stocks - [159119.CN](https://longbridge.com/en/quote/159119.CN.md) - [159209.CN](https://longbridge.com/en/quote/159209.CN.md) - [520550.CN](https://longbridge.com/en/quote/520550.CN.md) - [000906.CN](https://longbridge.com/en/quote/000906.CN.md) ## Related News & Research - [Keep Your Portfolio Safe With This Low-Volatility ETF](https://longbridge.com/en/news/286604877.md) - [VanEck, Grayscale file fresh BNB ETF amendments as race for next altcoin spot ETF accelerates](https://longbridge.com/en/news/286652991.md) - [BNB ETF Could Be Next Big Crypto Breakthrough, Says Bloomberg Analyst](https://longbridge.com/en/news/286639724.md) - [3 Dividend ETFs to Lock In Before Summer Volatility Picks Up](https://longbridge.com/en/news/286999152.md) - [Retirees: Buy this ETF for long-term stability and high dividends](https://longbridge.com/en/news/286943591.md)