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Dividend Quality Index constituents Grandblue Environment and Yangtze Power set July 16 as record date
Dividend Quality Index constituents Grandblue Environment and Yangtze Power will both set July 16 as the equity record date. According to the annual equity distribution implementation announcements released by the two companies on July 10, Grandblue Environment will pay a cash dividend of 0.80 yuan per share, including tax, and Yangtze Power will pay 0.79 yuan per share, including tax. The ex-dividend and ex-rights date for both is July 17. These two stocks are constituents of the Dividend Quality Index, which selects 50 listed company securities with consecutive cash dividends, relatively high dividend payout ratios, and strong profitability as samples. As of July 15, the index had a dividend yield of 2.97 percent over the past year. The only ETF tracking this index is the ChinaAMC Dividend Quality ETF.