Analysis of SAIC Motor’s High Cash Dividend Distribution Policy

DOI

10.2991/aebmr.k.220603.026How to use a DOI?

Keywords

Dividend policy; Cash dividend; Automobile industry

Abstract

Firstly, this paper summarizes the theoretical basis of dividend distribution and selects SAIC Motor, a listed company in China’s automobile industry, to introduce and analyse its dividend distribution policy. Specifically, this paper summarizes the characteristics of SAIC’s dividend distribution policy from the data of 2015-2020, compared with the policies of other automobile enterprises in the same industry, and determines that SAIC adopts a high cash dividend policy. Then, this paper will make a cause analysis and comprehensive evaluation of the enterprise’s dividend distribution policy combined with the indicators of the enterprise’s profitability, operating capacity, solvency, and equity concentration. Finally, this paper puts forward optimization suggestions for SAIC’s high cash dividend distribution policy. Moreover, combined with the current background of COVID-19 and the new energy vehicle transformation trend, this paper will make a development outlook for SAIC.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Jiayun Jin
PY  - 2022
DA  - 2022/07/01
TI  - Analysis of SAIC Motor’s High Cash Dividend Distribution Policy
BT  - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
PB  - Atlantis Press
SP  - 147
EP  - 154
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220603.026
DO  - 10.2991/aebmr.k.220603.026
ID  - Jin2022
ER  -