Chinese companies are poised to pay out record dividends this year as they step up efforts to boost investor confidence amid an outflow of foreign funds.
Dividend payments by the nation’s biggest firms have amounted to 1.5 trillion yuan (S$280.4 billion) so far this year, surpassing the 1.27 trillion yuan given out last year.
That has helped dividend yields for companies on the CSI 300 Index to surpass 10-year sovereign bond yields for ...