Listed securities firm announced a year-end bonus exceeding 38 billion yuan.

The 2024 annual reporting season has ended, and dividend issues for listed securities firms are on the agenda. After record-breaking interim dividends and special dividends in the third quarter, listed securities firms are planning to "lavishly" allocate over 38 billion yuan for year-end dividends in 2024. Among the 42 listed securities firms, only Tianfeng Securities and Pacific Securities will not distribute dividends due to negative distributable profits. Looking at the overall situation in 2024, 17 securities firms have a cash dividend ratio exceeding 40%, more than in 2023. Expanding the observation period to the past three reporting periods, it is evident that listed securities firms are establishing a sustainable and stable shareholder return mechanism, with 70% of firms maintaining a cash dividend ratio of over 30% annually.