The Southern Fund's Low Volatility Dividend 50 ETF has experienced net capital inflows for four consecutive days. During the busy annual report disclosure period, A-shares are once again seeing a dividend wave.

As of March 19, the Low Volatility Dividend ETF (515450) has recorded a net inflow of 67 million yuan for the latest single day, achieving continuous net inflows over the past four days.

Recently, the disclosure of the 2025 annual reports has entered a concentrated window period, and the annual cash dividend “report cards” of A-share listed companies have been successively released. According to statistics, on the evening of March 19, about 28 listed companies disclosed their profit distribution plans for 2025, with over a hundred A-share companies having already disclosed their dividend implementation plans for 2025, accelerating the pace of dividend arrangements.

The industry generally believes that the current cash dividends in the A-share market are steadily transitioning from a phase of “dividend craze” to a long-term, normalized development stage, becoming an important reflection of the continuous optimization of the capital market ecosystem. Under the dual influence of ongoing regulatory guidance and encouragement, and the improvement of relevant institutional constraints, cash dividends have shed the “temporary enthusiasm” of individual companies, gradually becoming a rigid “must-option” for listed companies to reward shareholders and achieve high-quality development, thereby continuously solidifying the foundation for value investing in the market.

The Low Volatility Dividend ETF (515450) closely tracks the S&P China A-shares Large Cap Low Volatility Dividend 50 Index, which measures the performance of the 50 least volatile high dividend yield large-cap stocks in the Chinese A-share market.

Low Volatility Dividend ETF (515450), off-market connection (Class A: 008163; Class C: 008164).