As the disclosure of semi-annual reports reached its peak, mid-term dividend plans for A-share listed companies were intensively released. Up to now, hundreds of companies have announced profit distribution plans for the 2026 semi-year, with a total dividend amount of 101.8 billion yuan, which is higher than the same period last year. More and more listed companies are joining the mid-term dividend ranks, and the scale of dividends is rising at the same time. Tian Lihui, a finance professor at Nankai University, believes that the normalization of mid-term dividends will bring investors a double change in shareholding experience and valuation logic. Implementing multiple dividend mechanisms is for listed companies to demonstrate full confidence in the stability of their cash flow through practical actions, help guide the market to adjust value evaluation scales, gradually get rid of the inertia of simply chasing net profit indicators, and focus more on the real dividend ability and level of cash return of enterprises.

As the disclosure of semi-annual reports reached its peak, mid-term dividend plans for A-share listed companies were intensively released. Up to now, hundreds of companies have announced profit distribution plans for the 2026 semi-year, with a total dividend amount of 101.8 billion yuan, which is higher than the same period last year. More and more listed companies are joining the mid-term dividend ranks, and the scale of dividends is rising at the same time. Tian Lihui, a finance professor at Nankai University, believes that the normalization of mid-term dividends will bring investors a double change in shareholding experience and valuation logic. Implementing multiple dividend mechanisms is for listed companies to demonstrate full confidence in the stability of their cash flow through practical actions, help guide the market to adjust value evaluation scales, gradually get rid of the inertia of simply chasing net profit indicators, and focus more on the real dividend ability and level of cash return of enterprises.