Recently, Gree announced a large amount of medium-term dividends, which attracted market attention. Under the continuous shock of the market, recently, many institutions began to refocus on the high dividend sector and corresponding investment strategies. For investors, combined with the dividend situation of A-share listed companies in 2021, what High Dividend Stocks deserve attention?
According to the statistical calculation by the reporter of China Securities Journal, assuming that the cash dividend per share of A-share listed companies in 2022 is consistent with that in 2021, if investors choose to buy at the closing price on the last trading day before the Spring Festival of the year of the tiger (January 28), the dividend rate of up to 679 individual shares in 2022 is expected to exceed the yield of yu’e Bao.
dividend yield of nearly 700 stocks is expected to outperform yu’e Bao
In the volatile market, the market is paying more attention to companies with stable profits and small stock price fluctuations but stable dividends. According to the data, in 2021, 3047 A-share companies distributed cash dividends, accounting for more than 64%. The difference of stock price makes the dividend rates of investors holding different subjects different. If we take its cash distribution plan in 2021 as a reference, how to grasp the investment value of the high dividend sector in 2022?
The data show that assuming that the cash distribution amount per share of A-share listed companies in 2022 is consistent with that in 2021, and the closing price on the last trading day before the Spring Festival of the year of the tiger (January 28) is the purchase price, while ignoring the transaction costs and taxes, the dividend yield of 1489 individual shares is expected to exceed 1%, 111 individual shares is expected to exceed 5%, and the dividend yield of the top 10 individual shares is expected to exceed 10%.
As of the closing on January 28, Jiangling Motors Corporation Ltd(000550) share price was reported at 15.6 yuan / share, and its cash dividend per share reached 3.476 yuan (including tax) in 2021; If the company continues to maintain this cash distribution scale in 2022, the pre tax dividend yield of investors who bought at the closing price on January 28 is expected to reach 22.28%, while there are more than 3000 A-share shares whose share price rise is less than this index in 2021.
Based on the above calculation, the top dividend rates in 2022 include Fangda Special Steel Technology Co.Ltd(600507) , Chongqing Department Store Co.Ltd(600729) , Yango Group Co.Ltd(000671) , Shenzhen Wenke Landscape Co.Ltd(002775) , Jiangsu Zhongnan Construction Group Co.Ltd(000961) , Haoxiangni Health Food Co.Ltd(002582) , Shenzhen Huijie Group Co.Ltd(002763) , Sanxiang Impression Co.Ltd(000863) , Jinke Property Group Co.Ltd(000656) , etc., with dividend rates ranging from 10% to 14.25%. A total of 679 stocks are expected to have a dividend yield of more than 2.11%, which is 2.107% higher than the latest seven day annualized yield of yu’e Bao.
Top 10 A-share listed companies with expected dividend yield in 2022
Which sectors or industries have more high scores? After combing, it is found that 679 companies whose dividend yield calculated in the above way outperformed yu’e Bao’s income are densely distributed in pharmaceutical and biological, mechanical equipment, real estate, public utilities, banking and other industries; Among the 111 companies whose dividend yield is expected to exceed 5% in 2022, 20 are concentrated in the field of real estate. In addition, banking, transportation, coal, building materials and other industries are also concentrated.
pay attention to tactical opportunities of high dividend strategy
Whether from the theoretical level or from the practical level, holding high dividend stocks is a stable profit strategy for investors, especially in the market with market volatility and obvious stock price fluctuation.
China Securities Co.Ltd(601066) Securities pointed out that the stock price is directly proportional to the stock dividend. The high reinvestment income brought by high dividend is the basis for the long-term effectiveness of its high dividend strategy. High dividend companies have a series of characteristics such as excellent financial performance, abundant cash flow and stable profitability, and most of these targets are bank stocks, utility stocks and cycle resource stocks with large market value and small fluctuation of stock price. Therefore, when the confidence is insufficient and the market performance is weak, the defensive attribute of high dividend strategy appears, and considerable dividend income can be obtained at the same time.
China Securities Co.Ltd(601066) Securities believes that when the current limited interest margin is narrowed and the credit interest margin is widened, the market risk appetite is down, and the assets with stable operation and stable dividends will be favored by investors. In addition, the rise of credit spread often means the rise of enterprise financing costs, which is conducive to the banking sector and the CSI dividend index, which is dominated by banks.
Shenwan Hongyuan Group Co.Ltd(000166) the securities metalworking team pointed out that for a shares, from June 2015 to February 2016, the market was in a downward stage, with the CSI 300 index falling 39.31% and the CSI dividend index falling 35.78%; From February 2016 to December 2017, when the market was in the upward stage, the CSI 300 index rose 42.78%, and the CSI dividend index also performed well. In the Hong Kong stock market, the Hong Kong stock connect high dividend full return index also has higher return and smaller pullback compared with the Hong Kong stock connect full return index.
