According to the relevant regulations, fund dividends need to meet the following three conditions: first, the fund's current year's income can make up for the previous year's losses before it can be distributed; Second, after the distribution of fund income, the unit net value cannot be lower than the face value; Third, if the fund investment has a net loss in the current period, it cannot be distributed. Dividends and dividends are both gains from stock investment, but there are obvious differences between them: (1) In terms of quantity, the dividend ratio is generally relatively fixed, and dividends can be more or less with the company's profitability; (2) In terms of time, dividends can be paid at the end of the year or the beginning of the second year, or they can be paid in multiple times. Dividends are generally paid at the beginning of the second year; (3) Objectively, common shareholders can reduce or even not distribute dividends when the company is in poor operating conditions. Preferred shareholders generally have the protection of dividend income, but generally do not participate in the company's dividends, and the dividends of ordinary shares increase or decrease with the increase or decrease of the company's profits.