1. What factors should an enterprise consider when choosing a dividend distribution policy?

Dividend distribution refers to the distribution of dividends to shareholders by an enterprise, which is a part of enterprise profit distribution, including the determination of various dates in dividend payment procedures, the determination of dividend payment ratio and the determination of fund raising methods required for cash dividend payment.

Factors affecting dividend distribution include:

1. Legal restrictions: limit capital preservation, limit enterprise accumulation, limit net profit, limit excess accumulated profits, and limit insolvency;

2. Shareholder factors: stable income, tax avoidance and dilution of control rights;

3. Corporate factors: the stability of income, the company's liquidity, borrowing ability, investment opportunities, capital cost and debt demand;

4. Other restrictions: debt contract constraints, inflation.

Tips: The above contents are for reference only, and no suggestions are made. There are risks in entering the market, so investment needs to be cautious. Before making any investment, make sure that you fully understand the investment nature and risks involved in the product, and then judge whether to participate in the transaction by yourself after carefully understanding and evaluating the product.

Reply time: 202 1- 12-08. Please refer to the latest business changes announced by Ping An Bank in official website.