民生银行发布2025年度利润分配预案，股东分红比例达30.14%

关键信息一览

• 2025年度每10股派发现金股利人民币0.53元（含税）。
• 全年合并派现每10股1.89元，年度分红总额达82.74亿元。
• 分红预案尚需股东大会审议通过。
• 现金分红占2025年度净利润的比例为30.14%。
• 公司未涉及其他风险警示情形。

详细内容

中国民生银行股份有限公司（600016.SH, 01988.HK）于2026年3月30日发布了2025年度利润分配预案。本次拟每10股派发现金股利0.53元（含税），以2025年12月31日普通股总股数437.82亿股为基数，预计本次派发现金股利总额为23.20亿元。加上已派发的2025年中期现金股利59.54亿元（每10股1.36元），全年现金分红总额将达到82.74亿元（每10股合计1.89元）。这一分红金额约占2025年度归属于普通股股东净利润的30.14%。

本次利润分配预案基于毕马威华振会计师事务所2025年审计后数据。截至2025年末，民生银行报表未分配利润为2,823.41亿元，年度净利润为294.08亿元，扣除已支付永续债和优先股利息31.12亿元，普通股可分配利润为262.96亿元。此外，按10%提取法定盈余公积29.41亿元，按风险资产1.5%差额提取一般准备20.5亿元。董事会认为本预案兼顾了监管对资本充足率的要求、业务可持续发展和分红需求。

现金股利以人民币计值和宣布，A股以人民币派发，H股根据分红时的汇率折算为港币支付。具体股权登记日将在后续分红实施公告中明确。

对投资者的特别提示

• 分红比例高达30.14%，稳健分红政策对股价有一定支撑。
• 公司连续三年现金分红比例均超过30%，显示良好的分红惯例。
• 本次分红方案尚需提交股东大会审议，如未通过将无法实施。
• 公司现金分红不会对每股收益、现金流状况、生产经营产生重大不利影响。
• 公司无其他风险警示情形，不触及上交所《股票上市规则》第9.8.1条相关规定。

历史分红及财务稳健性

结论

民生银行2025年度利润分配预案显示公司继续坚持高分红政策，分红比例高于监管红线，有利于提升投资者回报和市场信心。分红预案实施有赖于股东大会通过，相关投资者需关注后续会议进展。鉴于分红政策优厚和公司财务稳健，此公告对公司股价或有正面影响，值得投资者重点关注。

免责声明：本文资讯仅供参考，不构成任何投资建议。投资者应根据自身实际情况进行独立判断和决策，股市有风险，投资需谨慎。

English Version

Minsheng Bank Releases 2025 Profit Distribution Proposal, Dividend Payout Ratio Reaches 30.14%

Key Highlights

• Proposed cash dividend of RMB 0.53 (tax inclusive) for every 10 shares for 2025.
• Total annual payout for 2025 is RMB 1.89 per 10 shares, amounting to RMB 8.274 billion.
• Dividend proposal is subject to approval at the shareholders’ meeting.
• Cash dividend accounts for 30.14% of 2025 net profit attributable to shareholders.
• No other risk warning conditions triggered.

Details

China Minsheng Banking Corp. (600016.SH, 01988.HK) on March 30, 2026, released its profit distribution proposal for 2025. The bank plans to distribute a cash dividend of RMB 0.53 per 10 shares (tax inclusive), based on a total of 43.782 billion shares as of December 31, 2025, with a total cash payout of RMB 2.32 billion for this round. Combined with the interim dividend of RMB 1.36 per 10 shares (RMB 5.954 billion), the total cash dividend for 2025 reaches RMB 8.274 billion (RMB 1.89 per 10 shares), accounting for 30.14% of the full-year net profit attributable to common shareholders.

The proposal is based on audited financials by KPMG Huazhen. As of end-2025, undistributed profits stood at RMB 282.341 billion, with full-year net profit at RMB 29.408 billion. After deducting perpetual bond and preferred share interest totaling RMB 3.112 billion, distributable profit for common shareholders is RMB 26.296 billion. Legal reserves (10%) and general provisions (based on 1.5% of risk assets) were also set aside. The board believes the proposal balances regulatory capital needs, business sustainability, and shareholder returns.

Cash dividends are declared in RMB; A-shares are paid in RMB, H-shares are converted to HKD at the base exchange rate on the shareholders’ meeting date. The record date will be announced later.

Key Points for Investors

• Dividend payout ratio of 30.14% is relatively high, supportive for share price.
• Dividend ratios have exceeded 30% for three consecutive years, showing a solid track record.
• Distribution plan is pending shareholder approval; failure to pass means no payout.
• Dividend will not have a material adverse effect on EPS, cash flow, or business operations.
• No risk warning conditions; not subject to any special treatment by the Shanghai Stock Exchange.

Historical Dividend & Financial Stability

Conclusion

Minsheng Bank’s proposed 2025 dividend continues its robust payout policy, with a payout ratio comfortably above regulatory thresholds, supporting both investor returns and market confidence. The proposal is subject to shareholder approval. Given the solid dividend and financial position, this announcement could have a positive impact on the share price and is significant for investors.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should make independent decisions based on their own circumstances. Stock market involves risks; invest with caution.

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