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PUBLICATION Mar 29, 2021

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

Contributor Image
Maojun Ye
Contributor Image
Qianwen Ruan

Senior Research Analyst, Dividend Forecasting, Equities, IHS Markit

Contributor Image
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


S&P Global provides industry-leading data, software and technology platforms and managed services to tackle some of the most difficult challenges in financial markets. We help our customers better understand complicated markets, reduce risk, operate more efficiently and comply with financial regulation.


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.

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