Case Study Of The Dividend Policy Of Oriental Garden Company

The dividend policy of listed companies has always been the concern of the majority of investors.Enterprise dividend policy will not only have a role in the development of their own enterprises,but also related to the vital interests of external investors,but also indirectly on the entire market Development of the role of listed companies in the formulation of dividend policy,to consider a number of factors,including not only the interests of major shareholders,as well as their actual development and the specific stage of development.The SME board was established in the Shenzhen Stock Exchange on May 17,2004,From the initial nine small board listed companies to 822 at the end of the2016.the scale of small and medium-sized board is growing,The pursuit of listing of enterprises increased year by year,small plates both GEM and the motherboard market,some features,but also has its own characteristics.It created for the majority of private enterprises and SMEs to provide a broader financing opportunities.Now our capital market Is still the prevalence of speculation,the government and relevant departments to develop laws and regulations are not sound,supervision is not enough.Based on the particularity of the SME board market,this paper studies the current situation of the dividend policy of the listed companies on the SME board and the dividend policy of the oriental garden companies by using the literature research and case analysis method.The paper analyzes the dividend policy of the listed companies,The company's dividend policy made recommendations.After the case analysis of this article,it can be concluded that the dividend policy of the Oriental Garden Company is not in full compliance with the requirements of the SFC.The dividend distribution is mainly based on the cash dividend,and the distribution is not continuous.Dividend policy is not stable enough.Hope this article can enrich the content of dividend policy of listed companies in China's small and medium-sized enterprises to help enterprises to develop Suitable for the development of the company's dividend policy to help investors correctly assess the growth of listed companies on the SME board to help large shareholders,small investors,creditors and companies to protect their respective interests.