Data

Structured dividend events.

Every signal is derived from declared cash dividend events with a fixed, documented schema. Calculation conventions are pinned so that results are reproducible across markets.

Event schema

Fields produced per dividend event in the pipeline.

FieldTypeDescription
code string Ticker / instrument code
report_date date Dividend plan disclosure date
bonus_ratio_rmb float Cash dividend per 10 shares (CNY)
a_xr_date date Ex-rights / ex-dividend date
plan_progress string Plan status; filtered for implemented payouts
dy_event float Computed per-event dividend yield
erp float Computed annualized excess return potential
erp_rank int Rank within trailing 252-day history

Calculation conventions

Pinned definitions used across all research.

ConventionDefinition
Dividend per share bonus_ratio_rmb / 10
Yield basis Per event, each at its own registration-date close
Registration date a_xr_date minus 2 trading days
Annualization Trailing 12-month implemented payouts / entry price
Lookback window 252 trading days
Selection Top-decile by ERP rank

Sources

A-Shares

Exchange dividend disclosures

Declared distribution records with ex-rights dates and plan progress status.

Hong Kong

HKEXnews filings

Ex-date based distributions, published through the exchange filing system.

United States

SEC EDGAR / Finnhub

Dividend declarations and history for growth-oriented screening.