300 new third board companies plan to distribute the discovery gold "red envelope" over 6 billion yuan, the highest will distribute 170 yuan per 10 shares
Newspaper trainee reporter Liu Weijie
As the 2019 annual report enters the disclosure window period, the annual dividend plan of the New Third Board has been released. According to Wind information data, as of April 15th, 915 NEEQ companies have disclosed their annual reports, and a total of 332 companies have released the 2019 dividend plan, of which 300 are planning to find cash "red envelopes", accounting for 90.36%; cumulative plans to distribute The cash dividend amounted to RMB 6.006 billion, with an average of RMB 20.2 million for each company.
"The companies that have distributed gold dividends are relatively large. The average net profit in 2019 is about 45 million yuan. On average, 71% of the net profit was used to return to shareholders. From the current dividend amount, 55% of the company's cash dividends Below 10 million yuan, 39% of the companies are between 10 million yuan and 50 million yuan, and a total of 9 cash dividends of more than 100 million yuan, accounting for 3%. "The head of research and the general manager of the research center of the new third board of Anxin Securities Assistant Zhu Haibin said in an interview with a "Securities Daily" reporter that, in 2018, the cumulative gold dividend was 24.816 billion yuan, an average of 12.86 million yuan per company; in 2017, the gold dividend was 19.217 billion yuan, an average of 12.31 million yuan per company. This shows that the amount of cash dividends distributed by the New Third Board and the average company size have increased year by year.
Zhu Haibin further stated that cash dividends are one of the important ways for the New Third Board Company to give back to shareholders. The increase in the size of cash dividends will help increase the company's attractiveness to investors. The New Third Board market has a preferential tax policy for dividends, and holding dividends for more than one year has a dividend policy for dividends and tax exemptions. This is one of the core institutional dividends of the New Third Board. Due to the current poor liquidity of the New Third Board market, in such an environment, dividends are of great significance to boost market confidence and cover investment costs.
"The preferential dividend tax policy is one of the important institutional dividends for companies to list on the New Third Board, so you will find that there are many companies with high dividends on the New Third Board, and they are not inferior to A shares." Zhou Yunnan, founder of Beijing Nanshan Investment, told reporters at the Securities Daily Said that, compared with the original shareholders who are the biggest beneficiaries of the preferential dividend tax policy, the investors in the first and second markets of the New Third Board market are more rational about dividends. Investors welcome corporate dividends, especially those that can continue to pay dividends, but they pay more attention to It is the company's continuous profitability and high growth.
Talking about the most eye-catching companies with total cash dividends in 2019, Xie Cai, deputy dean of Huacai New Third Board Research Institute and chief industry analyst, said in an interview with the Securities Daily that Qilu Bank and Thunder Co. It is expected to find a cash dividend of 647 million yuan and 510 million yuan; among them, Thunder shares have the most dividends per share, up to 17 yuan.
The relevant dividend plan shows that the undistributed profit of Qilu Bank ’s consolidated statement attributable to the parent company is 4.71 billion yuan, and the parent company ’s undistributed profit is 4.687 billion yuan. A cash dividend of 1.57 yuan (including tax).
The undistributed profit of the Thunder shares consolidated statement attributable to the parent company is 808 million yuan, and the parent company's undistributed profit is 722 million yuan. A cash dividend of RMB 170.00 (including tax) will be distributed to all shareholders for every 10 shares.
Xie Cai believes that the continuous implementation of the preferential tax policy for the dividends of the New Third Board will help companies to stabilize and attract outstanding talents through the implementation of equity incentives, establish a high-quality operation and management team, and promote sustainable development of the company. At the same time, more and more listed companies pay dividends, which means that the company's profitability is strong, which will help cultivate the concept of long-term value investment in the new three board market, maintain the stable operation of the market, and protect the interests of investors.
Our reporter noted that most companies on the New Third Board have a tradition of high dividends and continuous dividends. According to Wind information data, among the 332 companies currently issuing dividend plans, a total of 239 companies implemented dividends in 2018, accounting for 72%; a total of 173 companies implementing dividends for three consecutive years, accounting for 52%, typical Representatives such as Qilu Bank, Haitong Futures, Jindale, Hanlinhui, Yingtai Biotechnology, etc.
For companies that have implemented dividends for three consecutive years, Zhuhai Binhai analyzed that the average net profit size of these 173 companies from 2017 to 2019 was 40.99 million yuan, 47.16 million yuan, and 51.13 million yuan respectively, which continued to grow steadily; Distributed in five industries: materials, capital goods, software and services, technical hardware and equipment, commercial and professional services. (Securities Daily)