Are the dividends of Hong Kong stocks and A shares the same?
The dividends of Hong Kong stocks and A-shares are different, not exactly the same, but also have certain similarities, which are embodied in the different ways of dividends, the different time when dividend funds arrive, the different provisions of tax deduction when dividends are paid, and the different conditions of dividends.
The difference between dividends of Hong Kong stocks and A shares;
1 dividend method: there are three main distribution methods for Hong Kong stocks, namely cash dividend, bonus shares and stock interest; There are two main ways to pay dividends on A shares, namely cash dividends and stock dividends.
2 dividend process: the dividend process of hong kong stocks mainly has three steps, namely dividend date, registration date and dividend date; Dividends of A shares are divided into four steps, namely, dividend announcement date, registration date (T date), ex-dividend date (T+ 1) and dividend date.
3 Different tax deduction methods. The amount of dividend tax collected in Hong Kong is related to the place of registration, and Hong Kong itself does not collect dividend tax; The dividend of A shares is not tax deductible, but it will be paid according to the holding time when the shares are sold.
The dividends of Hong Kong stocks and A shares are not exactly the same, but there are still many similarities. For example, the meaning of dividends is similar, and the way of dividends is similar, but Hong Kong stocks are paid in Hong Kong dollars, while the dividends of Shanghai and Shenzhen A shares are paid in RMB.