--- title: "Institutions lower the high dividend pool standard to 3.5%! DFZQ: Focus on two types of certainty, dividend assets favored" type: "News" locale: "en" url: "https://longbridge.com/en/news/287589401.md" description: "Institutions lower the high dividend pool standard to 3.5%! DFZQ: Focus on two types of certainty, dividend assets favored" datetime: "2026-05-26T06:21:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287589401.md) - [en](https://longbridge.com/en/news/287589401.md) - [zh-HK](https://longbridge.com/zh-HK/news/287589401.md) generator: "portal-rs" --- # Institutions lower the high dividend pool standard to 3.5%! DFZQ: Focus on two types of certainty, dividend assets favored On May 26th afternoon, the A-shares fell by 1%, with declines led by sectors such as semiconductors, optical fibers, and military industry. The Dividend Quality ETF from China Merchants (159209) rose against the trend by 0.61%. This counter-trend performance reflects the continued preference of institutional funds for high-dividend assets. According to statistics, as of the first quarter of 2026, the stock allocation balance of insurance funds reached 3.84 trillion yuan, accounting for 9.7% of the total fund utilization balance, a new high in nearly four years. The combined balance of stocks and securities investment funds is approximately 5.9 trillion yuan, accounting for 15.5%. Notably, in order to obtain more attractive and certain returns in a low-interest-rate environment, institutions have lowered the entry standards for high-dividend assets; for example, some institutions have reduced the dividend yield standard from last year's 4.0% to the current 3.5%. Dongfang Securities pointed out that market risk preference has shifted from the middle to both ends, with the investment mainline focusing on two types of certainty: one is low-risk investors focusing on the certainty of stable operations and division, such as mid-cap style dividend assets; the other is high-risk investors focusing on the certainty of growth, such as AI manufacturing and cyclical products with price increase certainty. It is understood that the Dividend Quality ETF from China Merchants (159209) tracks the CSI Dividend Quality Index, using a "dividend + quality" dual-factor screening mechanism to select high-quality companies with both "low valuation" and "high quality" dual moats. As of May 22nd, the CSI Dividend Quality Total Return Index has accumulated a growth of 575.17% since the base date of December 31, 2013, significantly outperforming the CSI Dividend Total Return (311.64%) and Dividend Low Volatility Total Return (313.10%), validating the effectiveness of the quality factor. ### Related Stocks - [600958.CN](https://longbridge.com/en/quote/600958.CN.md) - [512880.CN](https://longbridge.com/en/quote/512880.CN.md) - [159842.CN](https://longbridge.com/en/quote/159842.CN.md) - [512000.CN](https://longbridge.com/en/quote/512000.CN.md) - [510880.CN](https://longbridge.com/en/quote/510880.CN.md) - [03958.HK](https://longbridge.com/en/quote/03958.HK.md) - [159209.CN](https://longbridge.com/en/quote/159209.CN.md) ## Related News & Research - [Purpose Premium Yield Fund Non-Currency Hedged - ETF USD Series declares $0.105 dividend](https://longbridge.com/en/news/296495840.md) - [Purpose Canadian Preferred Share Fund - ETF Units declares CAD 0.095 dividend](https://longbridge.com/en/news/296491368.md) - [YieldMax INTC Option Income Strategy ETF declares $0.642 dividend](https://longbridge.com/en/news/296365803.md) - [YieldMax XYZ Option Income Strategy ETF declares $0.2475 dividend](https://longbridge.com/en/news/296397088.md) - [YieldMax XOM Option Income Strategy ETF declares $0.0895 dividend](https://longbridge.com/en/news/296397963.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**