Dividend dividend rate of Guizhou Maotai is lower than deposit interest investors mean it is alternative stingy

-this reporter Sun Yaqin according to the relevant data released 2008 years cash dividend list shows that Salt Lake Potash fertilizer as the 2008 "Dividend King."　　And once outspoken Guizhou Maotai high cash dividend has now fallen to the third place, than the cash dividend runner-up Changyu a slightly backward. But surprisingly, these high cash dividend companies have not been unanimously praised.　　In particular, Guizhou Maotai, because the dividend is less than the same period of bank deposit interest, high dividend second runner-up in Guizhou Maotai not only did not get investors praise, but dismissed as alternative stingy. 0.99% Dividend rate pk2.25% Bank interest in Guizhou Maotai in 2008, the company achieved net profit of 3.799 billion yuan, an increase of 34.22%. The book shows that the profit for the shareholders to allocate is 7.925 billion yuan.　　The formulation of the profit distribution plan is: to 2008 years at the end of the total share capital 943.8 million shares as the base, to all shareholders 10 shares of cash dividend 11.56 yuan (including tax), the total distribution of 1.091 billion yuan dividend. In the 2008 a-share market, more than 10 yuan cash dividends of listed companies and not many. In particular, the number of consecutive high-dividend companies has been few and far between.　　And coincidence is 2008 years of the first three, have continued a few years ago, "generous" style, there will be high pie is now carried out in the end of the momentum.　　But the difference is that Guizhou Maotai investors are not like Salt Lake Potash and Changyu a investors cheered. Guizhou Maotai as a "blue-chip high price shares" is not exaggerated, although in the so-called "bear market" in the middle of Guizhou Maotai still living in hundred yuan. And investors have disputes and dissatisfaction, originally from the High share price: "11.56 yuan per 10 shares, also means more than 1000 yuan to get 11.56 yuan dividend return."　　The dividend rate is only 0.99%.　　If the current bank deposits a one-year interest rate of 2.25%, Guizhou Maotai's shareholder dividend income is even lower than the deposit in the bank for a year of interest income. But compared to Salt Lake Potash and Changyu A, Salt Lake Potash fertilizer per 10 strands of cash 16.72 yuan, total sent cash dividend of 1.283 billion yuan, accounted for the net profit of 94.06%, Zhang Yu A also took out a net profit of 91.2% cash dividends, for every 10 shares sent 12 yuan.　　Relative to the Crown Runner's dedication, Guizhou Maotai dividend method although safe, but the pride slightly less. It is noteworthy that, although Guizhou Maotai ranked third in the rankings, but its share price is Changyu A and Salt Lake potash twice times more.　　This creates a slightly embarrassing situation: although it seems that the pie is now very high, and ranked third, but the actual calculation, its dividend rate than the runner-up, the attraction is much smaller. Outsiders have shoving, for their own dividend scheme, Guizhou Maotai a securities operator said: "The company's dividend program is the board of Directors to make the decision, the company is also in accordance with the regulations." "Investors want to Shang and raise dividend rates this March 25,As the mainland market only a hundred yuan solo show, is also the highest cash dividend of a company, Maotai dividend Bill appeared more high-profile.　　However, after the release of the program in Guizhou Maotai in the two market trend is unexpectedly unstable, many analysts believe that the company's 2009-year performance is laid, the annual report on the occasion of a large shipment. Guizhou Maotai in the early 2007 A shares rose on the throne of the Hundred shares, the share price climbed to 230.55 yuan, even at the end of 2008, the stock market suffered a storm attack, its share price is still in the vicinity of 100 yuan fluctuation. But in the past two years, Maotai in Guizhou is only a high dividend, and has not been transferred to stock or Shang.　　And more investors are hoping to implement Shang in Guizhou Maotai, in order to lower the share price and raise the dividend rate. In addition, some experts pointed out that Guizhou Maotai dividend has "moisture", and its dividend is just met the "decision" stipulated in the "annual distribution of profits of 30%" conditions. Many investors denounced the way, Guizhou Maotai stock price is very high, on the surface, although there is such a high dividend, in fact, dividend rate is very low, or even lower than one-year bank interest rates. Even some investors put forward: "Guizhou Maotai in recent years not to increase the share capital, perhaps because the less share capital, the less the total number of dividends." The securities executive said: "This 30% dividend ratio is the company's commitment to share reform, and the company dividend is based on operating conditions, through the board decision." As for send not Shang, also need the board resolution, there is no possibility that we are not very clear at present. As a listed company, we also hope to continuously enhance the value of the company. ”