Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)

Analysis of SAIC Motor’s High Cash Dividend Distribution Policy

Authors
Jiayun Jin1, *
1School of International Business, Shanghai University of International Business and Economics, Shanghai, 201620, China
*Corresponding author. Email: 19001168@suibe.edu.cn
Corresponding Author
Jiayun Jin
Available Online 1 July 2022.
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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Volume Title
Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
1 July 2022
ISBN
978-94-6239-585-5
ISSN
2352-5428
DOI
10.2991/aebmr.k.220603.026How to use a DOI?
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.

Cite this article

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  -