A shares have entered the intensive disclosure period of semi annual reports. Many listed companies, while showing their achievements, have thrown out medium-term dividend plans to repay investors with real money. According to the data of Dongcai choice, as of August 17, 25 companies have announced semi annual cash dividend plans, with a total planned dividend of more than 63 billion yuan. In terms of total dividends, China Mobile and China Telecom ranked the top two, with cash distributions exceeding 10 billion yuan; In terms of dividend ratio, the total amount of Interim Cash distribution of 6 companies exceeded the net profit attributable to the parent company in the first half of the year. China Mobile, the industry leader, has returned to the A-share market with generous cash distribution less than one year, continuing the previous practice of paying interim dividends on the H-share market. According to the announcement disclosed by China Mobile on the evening of August 11, it decided to distribute an interim dividend of HK $2.20 per share to all shareholders, a year-on-year increase of 34.9%. The A-share dividend was paid in RMB, equivalent to about 1.89 yuan per share. The annual dividend distribution rate will be further improved over the previous year. The interim dividend declared by China Mobile was converted to RMB 40.192 billion at the exchange rate of June 30, 2022, accounting for 57% of the company's net profit attributable to the parent company in the first half of the year. China Mobile said that the profit distributed in cash in 2023 will gradually increase to more than 70% of the company's net profit attributable to the parent in that year. China Telecom will pay its first interim dividend in 2022. On the evening of August 16, China Telecom announced that 60% of the company's profits in the first half of 2022 should be distributed in cash, i.e. 0.12 yuan per share, with a total dividend of about 10.98 billion yuan, fulfilling the promise of increasing the medium-term dividend when issuing a shares. China Telecom said that within three years after the company's A-share issuance and listing, the annual profit distributed in cash will gradually increase to more than 70% of the net profit attributable to the parent company in that year. A number of high dividend "regular customers", including Shuanghui development and China Unicom, continued to enhance investors' sense of gain through cash dividends against the background of stable performance growth. According to the announcement of Shuanghui development, the company plans to distribute cash dividends of 6.00 yuan per 10 shares to all shareholders, with a total cash dividend of about 2.079 billion yuan, accounting for about 76% of the net profit attributable to the parent company in the first half of the year. This is also the 26th cash distribution since the listing of Shuanghui development. Fu Lichun, founding partner and chief economist of Yuntai capital, told reporters that the number of listed companies with cash dividends has increased in recent years. On the one hand, it is because of the continuous encouragement and guidance of regulatory authorities; On the other hand, it reflects that enterprises are paying more attention to the rights and interests of investors, and more and more capable enterprises are willing to fulfill the responsibility of actively participating in dividends. "Whether from the perspective of policy support, corporate responsibility, or the recognition of high dividend companies by institutions, the trend of cash dividends will definitely continue and become the main way for listed companies to repay investors." Fu Lichun said. A number of companies have paid out ultra medium-term net profits and the absolute value of cash dividends of the company is not low, and the proportion of dividends is also quite conspicuous. For example, the company plans to distribute a cash dividend of 18.98 yuan to all shareholders for every 10 shares, and the total cash dividend to be distributed is nearly 3 billion yuan. The profit distribution amount accounts for 131.23% of the net profit of the Company attributable to the shareholders of the listed company in the current period.