Analysis On The Existing High Amount Of Listed Companies

The dividend policy of a company is the channel through which the company distributes its profits to the majority of shareholders in the market and the balancing and distribution of the existing capital.Whether this distribution behavior can be rationalized and perfected has a great influence on the future operation and development of the company.Therefore,the company's dividend policy has also attracted attention within the company,and is also a very important issue for investors and scholars outside the company.Many scholars have analyzed and studied the dividend policies of listed companies.In recent years,the policy on dividend distribution issued by China securities regulatory commission is mainly to encourage listed companies to pay dividends,and also makes those companies that do not pay cash dividends start to pay dividends.The implementation of this policy also makes the interests of the majority of small and medium-sized shareholders have more institutional protection.But at the same time,also caused some problems in implementation of this policy,namely,some listed companies began to appear unreasonable high current for,this kind of behavior of disadvantage is that the suspected the existence of blind pay high dividends,because this kind of dividend policy formulation and implementation are not priority operating conditions of the company itself,the industry background.Whether the dividend policy can be reasonably formulated and implemented is not only related to the company's own development,but also related to the interests of investors.Therefore,based on the analysis of dividend policies at home and abroad,this paper takes Zhe jiang Zhong cheng Packing Material Co.,Ltd as an example to analyze its dividend policies and provide reference opinions for the formulation of corporate dividend policies.This paper is to study architecture is divided into three parts,the first part is to introduce the related theories of dividend policy,and in this paper,we study relevant theoretical basis,the second part is the introduction of the case into the dividend policy of zhe jiang,from its distribution,this paper analyses its characteristics,and from the financial indicators to analyze the dividend policy for the economic consequences of a company,the third part is on the basis of the above case studies,concluded that according to the conclusion and the previous research.The research findings of this paper are as follows :(1)the high dividend payout policy has a two-sided impact on the company;(2)the high dividend payout policy should be formulated for the purpose of improving enterprise value;(3)the high dividend payout policy should take into account the interests of multiple stakeholders.