Will you only buy low and sell high in the stock market to make a difference? I'm sorry, you may be about to OUTLuabingoYes! The way we make money in this market may change in the future.

In fact, when investors enter the stock market, they earn two parts of money, one is the price difference, and the other is the dividend.

Ordinary shareholders do not understand the company, earn the stock price difference, this seems to be normal, because they do not understand the mechanism of listed companies. But if institutions are focused on this price difference, it is clear that ordinary investors can not play with them. Often hundreds of millions of billions of funds, ordinary investors do not occupy any advantage.

In addition, there is another necessary condition for making spreads in the stock market, that is, if the general environment is good and the overall trend is upward, only by making spreads can we be successful. When the market as a whole goes down to make the price difference, it is impossible to copy it halfway up the mountain.Luabingo...

How to change this situation?

The disclosure of the 2023 annual report of listed companies ends. According to statistics, in 2023, Shanghai and Shenzhen listed companies achieved a total operating income of 72.6 trillion yuan and a net profit of 5.3 trillion yuan. While the performance remains resilient, the number and amount of dividends of listed companies have reached an all-time high. 3635 companies have declared cash dividends in 2023, with the proposed dividend amount exceeding 2 trillion yuan.

Hexun Finance recently launched a theme of "2 trillion dividends unprecedented, A shares open the slow bull market?" During the live discussion, five researchers from the Hexun Investment Research Center expressed their views one after another.

Han Dongliang, a researcher at Hexun Investment Research Center, said that people's current thinking should change, and maybe the way they make money in this market will also change in the future.

Referring to the 2 trillion yuan dividend, he said that in fact, from 2018 to the present, it is a step-by-step process of gradual increase in the total amount. It's just that this year, we can see that in the annual report of 2023, the dividend has exceeded the level of more than 200 billion yuan. The increase is due to the increase in the number of listed companies and the number of profits of listed companies. Another is the overall proportion of this dividend, which accounts for 40% of the total profits of this listed company, and this dividend ratio is still very high.

Now this kind of dividend motivation is more to enable more institutions to maintain long-term shareholding.

In addition, Mr. Han also listed the positions of several key data institutions. For example, Maotai (600519), the number of institutions holding positions reached more than 2000. There are also many leading institutions holding positions have reached a new high, which shows that institutions pay attention to the allocation of high dividend and high dividend assets.

Here is a little common sense. Dividend yield is one of the indicators that stock investors are most concerned about. But there are many ways to calculate the dividend yield. Do you really use it correctly?

For example, the annual report of a listed company shows a dividend of 3% or 5%, but if you hold shares in the company for a long time, when the cost of buying is relatively low, your dividend yield is not 3% or 5%.

Teacher Han said, for example, that the share price of a company is now 50 yuan. When you are at 30 yuan, the dividend yield of that year is 3%, and your cost is 3%. When you reach 50 yuan, the company's stock price continues to rise, and then issue a dividend rate, obviously your ratio cannot be calculated as 50. The annual report is the annual financial report of a company, and most of the data recorded in it are at the time of December 31, so the amount of dividend is calculated based on the number of shares on December 31.

When you want to calculate the return on your investment in a stock, you should base it on the stock price you bought.

That kind of short-term behavior to participate in the decision-making of dividends, sometimes the income is very small, which is essentially the result of misunderstanding. When you really become a big shot in an enterprise, your thinking has changed. From making a price difference to starting to earn patient gains, this is called patient capital.

Therefore, in the context of the number of dividend payers and the amount of dividends of listed companies reaching a new high and the overall trend for the better, investors must change their habits of thinking, because you do not change that is elimination.