7 listed banks make their first disclosure

According to the China Financial Times, since the implementation of the new "National Nine Provisions" in 2024 to promote listed companies to distribute dividends multiple times a year, conduct pre-dividend payments, and distribute dividends before the Spring Festival, midterm dividends have become an important means for listed banks to enhance the stability and continuity of dividends. Wind data shows that as of 2024, a total of 23 A-share listed banks have implemented midterm dividends, distributing a total dividend amount of over 250 billion yuan. This includes six state-owned large banks, five joint-stock banks, nine city commercial banks, and three rural commercial banks. The number of banks implementing midterm dividends this year will expand further, with a total of 17 A-share listed banks currently announcing related plans in their half-year reports, seven of which are implementing midterm dividends for the first time since going public. In the view of industry professionals, from the perspective of investment return liquidity, even if the annual dividend amount remains the same, higher frequency dividend payments will bring higher liquidity value and stronger certainty of cash flow.