Dividend payout reaches new highs: Listed companies distribute over 300 billion yuan in "red envelopes" before the Spring Festival

As of the end of January 2026, the dividend payouts by listed companies before the Spring Festival have exceeded the same period last year, reaching a new high. Data shows that from December 2025 to the end of January 2026, 235 listed companies on the Shanghai, Shenzhen, and Beijing stock exchanges implemented pre-Spring Festival dividends in the two months prior to the holiday, totaling 348.8 billion yuan, surpassing the 344.6 billion yuan in dividends paid before the Spring Festival in 2025. Including some dividend amounts in February 2026, the total pre-Spring Festival dividends by listed companies are expected to continue growing. Industry-wise, financial and consumer sectors remain the main contributors to dividends, with listed banks paying 243.4 billion yuan before the Spring Festival, accounting for nearly 70%. (China Securities Golden Bull)