On March 5, the three major stock indexes were in a narrow range in early trading**, and the dividend sector of state-owned enterprises rose slightly. As of 10:00 a.m., Pengyang CSI State-Owned Enterprises Dividend ETF (159515) is **029%。Among the related constituent stocks, Shaanxi Coal Industry rose 086%, Tangshan Port rose 091%, China Shenhua rose 056%, Sinopec, Daqin Railway, Luxi Chemical, etc. followed suit.
In terms of valuation, the current valuation of the CSI State-owned Enterprises Dividend Index (000824) is low. As of March 4, 2024, the PE of the CSI State-Owned Enterprises Dividend Index is 636 times, Pb is 071 times, at 2153% historical quantile. (Data**: CSI Index official website, wind).
Recently, the high-dividend sector has continued to strengthen, and in this regard, Zhang Qiyao, chief strategic analyst of Industrial **, said that the main line of high dividends in 2024 needs to be paid attention to. Historically, the current price-performance ratio of high-dividend sectors is at a point in time worthy of allocation. We see that the dividend yield of the current high-dividend sector has exceeded 6%, and the higher the dividend yield, the greater the corresponding future opportunity. In addition, compared with the current yield of about 4% of bank wealth management products, from the perspective of cost performance, the high-dividend sector is also advantageous. Finally, the current funds cannot find a lot of high-prosperity industries to invest, and the allocation value of high-dividend sectors is more prominent in the current macro background.
Seize the opportunity of the revaluation of state-owned enterprises, and lay out high-quality state-owned enterprises with high dividends at a low level. State-owned enterprise dividend ETF (159515) tracks the CSI state-owned enterprise dividend index (000824), the state-owned enterprise dividend index is a strategic theme index, through the dividend factor to enhance the income of the "special valuation" theme, the long-term performance is better than the CSI state-owned enterprises and CSI dividend and other comparable indexes, this year's weakest market environment, the index point is still out of the record high. In the future, with the further deepening of the reform of state-owned enterprises, the profitability and operating efficiency of state-owned enterprises are expected to be further improved, and the dual repair of profitability and valuation may be ushered in.
Risk Warning: The information listed here is only for the purpose of communication and information, and does not constitute investment advice on any **, nor does it represent the company's judgment or inclination on any**. Investment is risky, ** investment should be cautious.
This article is from: **Star.