PUBLICATION — Mar 29, 2021

China's A-share dividends: What to expect in the year of the ox

By Maojun Ye, Qianwen Ruan, and Yang Yang


China's A-share dividends: What to expect in the year of the ox

  • China Securities Index 300 (CSI 300) constituents are forecasted to pay CNY803.8 billion aggregate dividends for fiscal year (FY) 2020, 3.4% higher than the previous year
  • Bank dividends are expected to decline by 5.5%, because of lower dividends expected from the top payers
  • Dividend payments from state-owned enterprises (SOEs) dominate the dividend levels and trends in mainland China

Preliminary profit result in 2020 at a glance

Country-specific factors

Sector highlights

Read more here

For more information, please contact dividendsapac@ihsmarkit.com

Posted 29 March 2021 by Maojun Ye, Product Analysis and Design Principal, Dividend Forecasting, Equity Data Analytics, S&P Global Market Intelligence and

Qianwen Ruan, Senior Research Analyst, Dividend Forecasting, Equities, IHS Markit and

Yang Yang, Senior Research Analyst, Dividend Forecasting, Equities, IHS Markit


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This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.