Chinese Banking Sector Experiences Surge in Dividend Payments

Over 700 listed Chinese companies have announced their 2024 dividend distribution plans, totaling approximately 90 trillion yuan. This surge in dividend payments has led to a competitive landscape, with high-dividend companies showcasing strong profitability and investment value.

Notable Dividend Payments

• Industrial and Commercial Bank of China (ICBC) has announced a dividend payment of 586.64 billion yuan, the highest among listed banks.
• China Construction Bank has announced a dividend payment of 515.02 billion yuan.
• Ping An Bank has announced a dividend payment of 439.23 billion yuan.
• Agricultural Bank of China, Bank of China, China Merchants Bank, China Minsheng Banking Corp, and China Zheshang Bank have all announced dividend payments of 439.23 billion yuan.

Note: China Everbright Bank’s dividend payment information is not available in the provided data.