The Gem High Cash Dividend Gaosongzhuan Dividend Policy And Its Influencing Factors

GEM first appeared in the seventies of the 20 th century in the United States, as a supplement to the main board market and rich, the more companies to provide financing demand. So it is greatly welcomed by those hard to meet the listed on the main board of the conditions of enterprises, as they provide a better financing channels, with the development of the gem. its role in the economic development has gradually emerged. China’s GEM market officially launched in October 23, 2009, the end of China’s no gem history,but also improve the capital market in China. China’s GEM although late has experienced a good development trend, as a new financing channels for enterprises, many high-tech enterprises take to complete the financing, regulate the operation of enterprises, brings a great impetus for the development of the company, to enhance the company’s competitiveness, laid a solid foundation for future growth. The company as the first batch of GEM listed company due to its good development situation by most investors favor, which had been high now, send high dividend policy has attracted a lot of attention to China’s growth.It as the first batch of GEM listed company due to its good development situation by most investors favor, which had been high, send high dividend policy has attracted a lot of attention to China’s growth enterprise market after several years of development, with the constant adjustment and perfection,the dividend policy has distinct characteristics, dividends and high transfer, it has also become one of the characteristics of China’s gem, the reason for such a feature, the reason is affected by various factors.This article is in this condition, the Beijing Shenzhou Tai Yue company as the research object, through the case study, the gem high cash dividend gaosongzhuan dividend policy were discussed, and the factors influencing the detailed understanding, hope to better understand our gem dividends and high delivery turn the status of dividend policy, to explore the effect of using the method of literature review, case study,qualitative and quantitative research methods on the ownership structure, ultra raise funds, investment opportunities, growth, life cycle and other factors caused by the dividend policy Ultrapower company, and draws a conclusion Ultrapower the current implementation of the dividend the policy is affected by the internal and external environment caused by the good momentum of development and implementation of investors to the current dividend policy in its favor.Through the Ultrapower company Gaopai now, send high dividend policy deeply cognition, we can concatenates the other GEM companies dividend policy also understand somewhat. Therefore from the three aspects of government, enterprises and investors proposed that regulators should strengthen the supervision of laws and regulations, enterprises should ensure that information transparency, investors should be to enhance the effectiveness of the judgment, does raise to constantly improve the dividend policy of China’s gem to healthy development of the gem standard and promote the healthy development of the gem, ensure that the GEM listed company and the interests of investors indeed for the healthy development of China’s stock market to provide certain safeguard, make a certain contribution.