China Merchants Bank has released its 2025 annual A-share dividend distribution implementation announcement, with a cash dividend of 1.003 yuan per share before tax. The record date is July 9, 2026, and the ex-dividend and ex-rights date is July 10, 2026. China Merchants Bank is a constituent of the Dividend Low-Volatility Index, which selects 50 securities with good liquidity, continuous dividends, moderate dividend payout ratios, positive growth in dividends per share, and high dividend yields with low volatility as index samples. The ChinaAMC Dividend Low-Volatility ETF tracking this index has a management fee plus custody fee of only 0.2 percent, the lowest among its peers. Its feeder fund A-share class code is 021482, and C-share class code is 021483. As of July 3, the Dividend Low-Volatility Index had a dividend yield of 5.34 percent over the past year. The corresponding total return index, from its launch on December 19, 2013, through the end of May 2026, shows that the probability of a positive return for any six-month holding period is 71 percent. For holding periods of one year, two years, and three years, the probabilities rise to 84 percent, 89 percent, and 95 percent respectively, making it suitable as a defensive asset in a barbell strategy allocation.
China Merchants Bank Co LtdChina Merchants Bank announced a cash dividend of 1.003 yuan per share, which is a direct financial return to shareholders.