Under the guidance of strengthening cash dividends under the new "National Nine Measures", the initiative and enthusiasm of listed companies in cash dividends have significantly increased. A-share companies have set a new high in annual cash dividends in 2023, exceeding 2.2 trillion yuan. According to statistics from the Shanghai Securities News reporter, as of 9:00 pm on April 29th, a total of 5160 A-share listed companies have released their 2023 annual reports, of which 3800 listed companies have disclosed cash dividend plans, accounting for 74.72% of the disclosed annual reports. The total amount of annual cash dividends is as high as 2.2 trillion yuan (including cash dividends in the quarterly, semi annual, and annual reports of the year, the same below). In the past five years, the cash dividend scale of listed companies has reached new highs, becoming a beautiful "landscape" in the A-share market. From 2018 to 2022, the cumulative total cash dividends of listed companies were RMB 1.23 trillion, RMB 1.32 trillion, RMB 1.53 trillion, RMB 1.92 trillion, and RMB 2.13 trillion, respectively. Specifically, listed companies continue to increase their dividend amounts and ratios, especially large cap blue chip companies that maintain dividends of over 10 billion yuan annually, becoming the main force of cash dividends in the A-share market. Industry insiders generally believe that the policy guidance on cash dividends in the new "National Ninth Article" will effectively urge more companies capable of dividends, increase dividend repurchase efforts, enhance investor returns, and further improve the normalized dividend mechanism of A-shares. Multiple companies have set new dividend records. In 2023, A-share companies have shown a high intensity and frequency of cash dividends overall. Many leading companies in segmented industries have significantly increased their dividend payouts for 2023, with the proposed dividend amount even exceeding the cumulative total dividend payout in the past few years. Stone Technology and Changchun High tech are active practitioners of high dividend payouts, with both companies paying over 4 yuan per share in 2023, both of which are the highest in history. Since its debut on the Science and Technology Innovation Board in 2020, Stone Technology has maintained a dividend ratio of 10%. In 2023, the company plans to distribute 4.68 yuan per share, with a total cash dividend of 615 million yuan. Adding the dividend of 121 million yuan in the middle of the previous year, the total dividend amount for the year has reached 730 million yuan, and the dividend ratio has significantly increased to 35.85%. The cash dividend amount of Changchun High tech in 2023 was 1.81 billion yuan, and the dividend ratio increased to 39.93%. In the 11 years from 2012 to 2022, the total cash dividends of the company were 1.911 billion yuan, with an average dividend ratio of only 16.16%. Qingdao Beer has further increased its dividend payout efforts on the basis of its previous high dividend payout. The company's total dividend payout for 2023 was 2.728 billion yuan, and the dividend ratio has been increased to 63.93%. From the perspective of dividend scale, large cap blue chip companies have always been high dividend "tycoons". Data shows that 28 companies have entered the "Cash Dividend Billion List" for the year 2023. The banking, telecommunications, petroleum, coal and other industries are the highlands of cash dividends, with 11 banks on the "billion dollar list" and a total planned cash dividend of over 520 billion yuan. Among them, Industrial and Commercial Bank of China and China Construction Bank both received dividends exceeding 100 billion yuan in 2023. "The three major operators" and "three barrels of oil" are still generous in their efforts. China Mobile's revenue exceeded the trillion yuan mark for the first time in 2023, and its profit scale reached a historic high