According to the statistics of Securities Daily, 37 listed securities companies (excluding the newly listed Zhongtai securities) achieved a profit of 101.659 billion yuan in 2019. Among them, there are 32 companies with dividend plans, with a total dividend amount of 30.207 billion yuan. CITIC Securities has the largest total cash dividend, followed by Guotai Junan, Huatai Securities and Guangfa Securities.
Historically, high dividend securities companies have the characteristics of top market value, high roe level and strong profitability. Specifically, the 32 listed securities companies with cash dividend plans have large differences in the amount of dividend per share. Among them, CITIC Securities, Guotai Junan, Guangfa Securities, Huatai Securities, CITIC construction investment, Guoxin Securities and other top large securities companies have more cash dividends per share, and they plan to distribute cash dividends of 5 yuan, 3.9 yuan, 3.5 yuan, 3 yuan, 2.35 yuan and 2 yuan (including tax) to all shareholders for every 10 shares respectively. According to the 2019 annual report, the above-mentioned six listed securities companies achieved an operating revenue of more than 10 billion yuan last year and a net profit of more than 4.9 billion yuan, ranking in the top 10 in terms of both revenue and net profit.
In addition to the above-mentioned six listed securities companies, 12 other securities companies intend to distribute cash dividends of RMB 1 per 10 shares, including Galaxy Securities and CAITONG securities, which distribute cash dividends of RMB 1.6 per 10 shares; Orient Securities, Changjiang Securities and Guoyuan securities, which distribute cash dividends of RMB 1.5 per 10 shares; Dongxing securities, which distribute cash dividends of RMB 1.4 per 10 shares; Dongwu securities, which distribute cash dividends of RMB 1.6 per 10 shares Profit 1.3 yuan; cash dividend 1.1 yuan for every 10 shares issued by Great Wall Securities; cash dividend 1 yuan (including tax) for every 10 shares issued by Hongta securities, Huaan securities, Shanxi securities and Northeast Securities.
According to the total amount of dividends to be paid in 2019 by 32 listed securities companies, 9 securities companies intend to pay more than 1 billion yuan of dividends. Among them, CITIC Securities plans to distribute a total of 6.463 billion yuan of cash dividends; Guotai Junan follows closely with a total of 3.474 billion yuan of cash dividends; Huatai Securities ranks third with a total of 2.723 billion yuan of cash dividends.
Half of listed securities companies implement dividend
From the perspective of the implementation progress of the dividend of securities companies, as of the press release of Securities Daily, 12 listed securities companies have completed the implementation of the dividend plan in 2019, including Guoxin Securities, Guoyuan securities, Guohai Securities, first venture, Shanxi securities, Changjiang Securities, Guojin securities, Soochow securities, Zheshang securities, Western securities, Southwest Securities and Hongta securities, and the total dividend has been implemented The amount is 5.117 billion yuan.
In addition, there are four listed securities companies waiting for the implementation of the dividend plan, which are Dongfang securities (issued the implementation announcement on June 18, and the equity registration date is June 24), China CITIC construction investment (issued the implementation announcement on June 19, and the equity registration date is June 29), Northeast Securities (issued the implementation announcement on June 19, and the equity registration date is June 24), Tianfeng securities (issued the implementation announcement on June 20, and the equity registration date is June 20) June 29), the total amount of dividend will be 3.12 billion yuan.
So far, the 2019 annual dividend plans of 16 listed securities companies have been realized, and the dividend plans of 16 listed securities companies are on the way.
In 2019, there are 5 securities companies without dividend plan. Among them, Haitong Securities will not pay dividends temporarily due to the promotion of fixed increase, which is also the industry practice; China Merchants Securities will not pay dividends temporarily due to the promotion of share allotment related matters; Founder Securities, in order to ensure the smooth implementation of the companys strategic plan 2020-2022, will not pay dividends in cash in 2019 on the premise of comprehensive consideration of the companys future development and long-term interests of shareholders; Zhongyuan Securities said that in 2019 On November 7, the first extraordinary general meeting of shareholders reviewed and approved the profit distribution plan of the company for the first half of 2019, with a cash dividend of 0.2 yuan (including tax) for every 10 shares, so it is not planned to carry out profit distribution in the second half of 2019, nor to carry out capital reserve to increase share capital; Pacific Securities is because the companys profit available for distribution by the end of 2019 is negative, in order to ensure the companys continuous business development To achieve long-term development strategic planning and better safeguard the long-term interests of all shareholders, the company does not plan to carry out cash dividends, bonus shares, or capital reserve converted to share capital in 2019.
Source: Yang Qian, editor in charge of Securities Daily_ NF4425