交运高股息12月总结:12月国债利率加速下跌 交运高股息估值分化

上海申银万国证...
16 Jan

十年期国债利率下行,高股息标的有望受益,交运行业中高速公路、港口行业指数呈现逆相关走势。当前交运行业高股息板块股息率均高于当前国债收益率,截至2024年12月31日,股息率-十年期国债收益率中,高速公路、跨境物流板块接近2%,港口约1%,航运及原材料供应链服务板块波动较大。资金面:除周期属性较强的中远海控外,交运行业其余高股息标的与红利指数走势基本一致,大市值标的在各红利指数中占比较高,红利ETF...

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