Big move! Exposure of stocks with ultra-high dividend yields, these 3 stocks exceed 10%

Topic: Perhaps the current A-share mid-year low point; the decline brings an opportunity to allocate funds

47 stocks’ latest dividend yields exceed 5%.

According to Securities Times·Data Express statistics, as of April 2, nearly 1,200 listed companies have released their 2025 annual reports. Among them, 940 companies have disclosed annual report dividend plans (including proposed dividends), accounting for more than 70%. In terms of dividend amounts, the total amount of dividends proposed in annual reports exceeds 1 trillion yuan. If 2025 interim dividends are included, the total dividend payout is close to 1.85 trillion yuan, with the amount already approaching about 80% of 2024.

Based on the annual cumulative dividend amounts (interim dividends in mid-year and proposed dividends in annual reports), 30 stocks had 2025 dividends exceeding 10 billion yuan. Among them, Industrial and Commercial Bank of China, China Mobile, and China Construction Bank all had dividend amounts exceeding 1 trillion yuan, while Agricultural Bank of China and PetroChina both exceeded 80 billion yuan.

Among non-“Zhongzi” leading stocks and bank stocks, Ningde Times, Midea Group, and Kweichow Moutai all had dividend amounts exceeding 30 billion yuan. It should be noted that Kweichow Moutai’s dividend amount is still the interim dividend; the annual report dividend has not yet been disclosed.

Ningde Times’ 2025 distribution plan is 10-for-69.57 yuan per 10 shares (including tax, same below). In addition, in mid-year there is 10-for-10.07 yuan. For the full year, cumulative dividends per 10 shares reach 80.27 yuan, and the total cash dividend amount reaches 10k yuan. It is worth noting that Ningde Times has also set a mid-year 2026 dividend plan: under conditions, the mid-term dividend amount will not exceed 15% of the company’s attributable net profit for the current period.

Midea Group’s annual report proposes 10-for-43 yuan. Adding the mid-year 10-for-5 yuan, the full-year dividend per share reaches 4.8 yuan. The dividend amount per share sets a historical record for the company. The full-year total dividend amount reaches 18.5k yuan. In addition, Midea Group also plans a large share repurchase. Recently, the company announced a repurchase plan with an amount of 6.5 billion to 13 billion yuan; using the upper limit for calculation, Midea Group’s 2025 net profit of 43.95 billion yuan will be fully used for dividends or buybacks.

In terms of dividend per share, among 115 stocks, dividend per share reaches or exceeds 1 yuan, and 13 stocks are at 3 yuan or above. Kweichow Moutai remains the highest, with the latest dividend per share at 23.96 yuan. The company has not yet disclosed its annual report and dividend plan. In 2024, its dividend per share exceeded 51 yuan.

Gigabyte and Ninebot-WD have dividend per share above 10 yuan. Gigabyte is a well-known “game Moutai” in the A-share market; since listing, it has been known to the market for its high dividends. In 2025, the company conducted three rounds of dividends, with cumulative dividends per share reaching 19.6 yuan, and that dividend amount also set a company dividend record.

Ninebot-WD’s annual report dividends are 12.514 yuan per 10 CDRs (10 CDRs equal 1 share). The company’s full-year dividend per share reaches 16.72 yuan. In 2025, the company achieved attributable net profit of 1.76 billion yuan, up 62.2% year over year. Net profit reached a historical high. In 2025, the company’s cumulative repurchase and dividend amounts reached 36.1B yuan.

For TONGHUASHUN, the full-year dividend per share reaches 5.2 yuan, and the amount also hits a historical high. In 2025, the company achieved attributable net profit of 32.36B yuan, up 75.79% year over year.

Based on the closing price on April 2, dividend yields calculated for 2025 show that 198 stocks have full-year dividend yields exceeding 3%, 47 exceed 5%, and Huijie Shares, Rongsheng Environmental Protection, and Darentang even exceed 10%.

Huijie Shares’ full-year dividend per share reaches 1.1 yuan, with a dividend yield of 14.3%. The annual cumulative dividend amount is 451 million yuan, and the dividend amount is 8.22 times the company’s net profit for that year. Regarding high dividends, the company said that at the end of 2025, undistributed profit per share reached 0.97 yuan, with cash and cash equivalents of 988 million yuan and no bank borrowings. The distribution plan exceeding 300 million yuan in the annual report complies with the Company’s Articles of Association and shareholders’ return plan, and will not affect the company’s solvency. Although such a high dividend from Huijie Shares is not sustainable, the company has always had a tradition of paying dividends; since 2017, it has had dividends almost every year.

Rongsheng Environmental Protection’s full-year dividend per share is 2.08 yuan, with a dividend yield of 13.47%. The company implemented dividends in both its 2025 interim report and third-quarter report; the total dividend amount nearly reaches 600 million yuan. Combined with the 100 million yuan share repurchase, the company’s dividends and repurchases total 3.11 times the company’s attributable net profit for that year. The company said that this profit distribution plan comprehensively considers factors such as the company’s profitability, cash flow position, solvency, and future capital needs, and will not affect the company’s normal production and operations or future development. It is worth noting that the company has also formulated a 2026 interim dividend plan: under conditions, the dividend amount will not exceed the net profit for the current period.

Darentang’s dividend yield exceeds 11%. Its full-year dividend per share is 4.79 yuan, with total dividends of 1.36B yuan, which is 1.73 times the company’s attributable net profit for that year. The company said that the dividend funds mainly come from the proceeds from transferring 25% equity interest in China-US Tianjin Hisun Pharmaceutical Co., Ltd. and the income from the company’s main business for the period. This fully reflects the company sharing returns with all shareholders, and the profit distribution will not affect the company’s solvency.

Among the above dividend-yield stocks exceeding 5%, the average stock price increase within the year is 1.35%. Stocks such as Genere Bio, Haier Smart Home, CSMT, Gigabyte, and Hisense Electric have all fallen by more than 10% within the year.

A huge amount of information and precise interpretation—exclusively in the Sina Finance APP