Grandblue Environment Co Ltd

The implementation season for listed companies' dividends has entered an intensive phase. Today, a total of 62 companies are carrying out their distribution plans based on the equity registration date. Among them, 34 companies have a cash dividend of 1 yuan or more per 10 shares. Gujing Gongjiu is the most generous, distributing 34.00 yuan per 10 shares, followed by China Pacific Insurance and Grandblue Environment, with cash dividends of 11.50 yuan and 8.00 yuan per 10 shares respectively. In terms of share transfer ratios, Xintong Electronics has the highest ratio among companies implementing today, with 4.8 bonus shares and 5 yuan per 10 shares. Recently, some stocks with attached rights have seen pre-dividend rallies. Xintong Electronics has surged 38.94 percent over the past five trading days, while Gujing Gongjiu and Jiyuan Group have also risen by more than 13 percent.

Dividend Quality Index constituents Grandblue Environment and Yangtze Power will both set July 16 as the equity record date. According to the annual equity distribution implementation announcements released by the two companies on July 10, Grandblue Environment will pay a cash dividend of 0.80 yuan per share, including tax, and Yangtze Power will pay 0.79 yuan per share, including tax. The ex-dividend and ex-rights date for both is July 17. These two stocks are constituents of the Dividend Quality Index, which selects 50 listed company securities with consecutive cash dividends, relatively high dividend payout ratios, and strong profitability as samples. As of July 15, the index had a dividend yield of 2.97 percent over the past year. The only ETF tracking this index is the ChinaAMC Dividend Quality ETF.