A-share dividend yield is at a historical high

On September 11th, Jinshi Data reported that a high dividend yield is also one of the important characteristics of the market bottom. The current dividend yields of the Shanghai Composite Index, the CSI 300 Index, and the Wind Full A Index are 3.06%, 3.36%, and 2.64% respectively, which are significantly higher than the dividend yields of the previous four major historical bottoms, and they are at 99.09%, 98.64%, and 99.92% percentiles in history. It is worth mentioning that the dividend yields of the above three major indices have reached about twice the level of the one-year government bond interest rate, and the cash dividend return for investors has significantly improved.