Since the beginning of this year, the public offering has been intensively dividend, and the "red envelope rain" has been sprinkled.
As of December 22, there were 2,853 ** dividends this year (A C shares are calculated separately), with a total cumulative dividend of 210.7 billion yuan.
Among them, the debt base has become the main force of dividends, accounting for more than eighty percent of the total cumulative dividends.
Industry insiders believe that from the perspective of the company, dividends are conducive to helping the company reduce its position and make the net value performance more stable. For investors, liquidity options can be obtained through dividends.
Dividends during the year exceeded $210 billion.
According to Choice data, as of December 22, there were 2,853 ** dividends (A C shares are calculated separately) during the year, with a total of 210.7 billion yuan in dividends and 5,816 cumulative dividends.
Among them, a total of 60 ** have a total dividend of more than 500 million yuan during the year, and 18 ** have a total dividend of more than 1 billion yuan during the year.
From the perspective of a single **, as of December 22, the Great Wall Yuexiang Bond A had the largest total dividend during the year, reaching 259.1 billion yuan.
On December 13, Great Wall issued an announcement on the income distribution of Great Wall Yuexiang Bond Investment. According to the announcement, Great Wall Yuexiang Yield Enhancement Bond A will issue a cash dividend on December 15, 2023, with a dividend of 033 yuan, this is the 7th dividend of the ** in 2023.
The latest scale of Great Wall Yuexiang Yield Enhancement Bond A is 694.5 billion yuan, which is a hybrid bond type secondary **, as of December 22, the **net value of the year**176%。
From the perspective of equity ** dividends, Xingquan Green Investment Mixed LOF ranks among the top in the total dividends of equity **.
As of December 22, Xingquan Green Investment Mixed LOF has paid dividends 1 time during the year, with a total cumulative dividend of 166.8 billion yuan. Xingquan Green Investment Mixed LOF will pay cash dividends on June 30, with a dividend of 39351 yuan.
Xingquan Green Investment Hybrid LOF latest scale 53700 million yuan, which is a mixed type of partial shares**. As of December 22, the **net value**1889%。
From the perspective of the number of dividends in a single month, Huatai Zijin issued 1-month rolling bonds A 12 times during the year, and Harvest ultra-short-term bonds and Nanhua Value Qihang Pure Bonds paid dividends 11 times during the year, ranking in the forefront.
Xiangcai pointed out that from the perspective of the company, dividends are conducive to reducing its positions and making the net value performance more stable. For investors, through the first dividend, they can get liquidity options, and they can choose cash dividends or dividend reinvestment according to their own needs. Although the company will attract investors through dividends, the frequency and scale of dividends cannot be used alone as a basis for judging whether they are good or bad.
Bond-type ** "take the lead".
The reporter found that the bond base has become the main force of dividends this year, and the cumulative total dividends account for more than eighty percent.
From the perspective of a single **, in addition to the Great Wall Yuexiang Bond A, E Fund's Stable Income Bond B also paid dividends of more than 2 billion yuan during the year, reaching 209.3 billion yuan.
E Fund's Stable Income Bond B has the latest size of 4777.1 billion yuan, as of December 22, the cumulative net value of the year **104%。
On December 20, E Fund Stable Income Bond** issued a dividend announcement, saying that the ** will pay cash dividends on December 22, with a dividend of 028 yuan, this is the second dividend of the **2023.
In addition, a number of bond-type bonds, such as Bank of China ** Huijia Regular Open Bond, SDIC UBS Optimized Enhanced Bond A B, South China Value Qihang Pure Bond C, Bank of China Fenghe Regular Open Bond, etc., have accumulated dividends of more than 1.5 billion yuan during the year.
December is coming to an end, how will the bond market be next year?
From the perspective of the core drivers affecting the trend of the bond market in 2024, Shao Kai, chairman of the CEIBS ** Fixed Income Investment Committee, pointed out that from a long-term perspective, the focus is on demographic changes and the reconstruction of the global ** chain system;From a medium-cycle perspective, real estate and fiscal expansion are key influencing factorsFrom a short-term perspective, the focus is on monetary policy and liquidity at home and abroad.
In 2024, the risk of the bond market will be relatively limited, but the investment difficulty will also be relatively large, which is mainly reflected in the impact of interest rate differential pressure brought about by the overseas high interest rate environment and the domestic demand for governance of capital idling on the autonomy of domestic monetary policy and liquidity environment. Shao Kai said.
Minsheng Jiayin** pointed out that the current tight capital is still the core constraint of the bond market, and the demand to prevent capital idling has further led to unstable liquidity expectations. However, countercyclical hedging and the resolution of existing debts require a stable and loose monetary and financial environment, so the adjustment risk of the bond market may be relatively predictable. Subsequently, with the initial control of non-bank leverage, the marginal monetary policy may be expected to loosen again to prevent the idling of funds from eating up the momentum of the real economy. Actively grasp the period of capital disturbance, and pay attention to the allocation value of long-term bonds and ultra-long-term bonds in the environment of weak fundamentals.