dvcrn Dividend Premium Tracker
Track the dividend premium (dividend yield minus 10-year bond yield) for CSI Dividend Low Volatility Index.
Description
This skill tracks the dividend premium for the CSI Dividend Low Volatility Index (H30269), which is crucial for investment decisions in China's dividend-focused market. The dividend premium represents the excess return of dividend-paying stocks over risk-free bonds.
What It Tracks
- CSI Dividend Low Volatility Index Dividend Yield - From China Securities Index
- 10-Year China Government Bond Yield - From Ministry of Finance
- Dividend Premium = Dividend Yield - Bond Yield
Features
- 📊 Auto-download and track dividend and bond yield data
- 📈 Generate Excel reports with clean charts
- 🔔 Alert when bond yield rises for 3 consecutive days
- 🔔 Alert when premium drops below 1%
- 📅 Support for historical data backfill
Commands
Update Today's Data
python3 scripts/update_dividend_premium.py --update
Check Monitoring Alerts
python3 scripts/monitor_dividend_premium.py --check
Backfill Historical Data
python3 scripts/update_dividend_premium.py --backfill 2026-01-01 2026-01-31
Files
dividend-premium-tracker/
├── SKILL.md # This file
├── scripts/
│ ├── update_dividend_premium.py # Main update script
│ └── monitor_dividend_premium.py # Monitoring script
├── references/ # Documentation (optional)
└── assets/ # Output files (optional)
Setup
Telegram Alerts (Optional)
Set Telegram Bot Token for alerts:
export TELEGRAM_BOT_TOKEN="your_bot_token_here"
Cron Job (Daily Update)
crontab -e
# Add line:
0 17 * * * cd /path/to/skill && python3 scripts/update_dividend_premium.py --update
Data Sources
| Data | Source | URL |
|---|---|---|
| Dividend Yield | China Securities Index | H30269 Indicator XLS |
| Bond Yield | Ministry of Finance | ChinaBond |
Alert Thresholds
| Condition | Action |
|---|---|
| Bond yield rises 3 consecutive days | Telegram alert |
| Premium < 1% | Telegram alert |
Requirements
- Python 3.10+
- pandas
- openpyxl
- xlrd
- curl (for data download)
Usage Notes
- Premium is calculated as:
Dividend Yield (%) - Bond Yield (%) - Premium < 1% suggests potential buying opportunity
- Premium < 0 indicates dividend stocks are cheaper than bonds
- Historical data from 2026-01-14 to present included
Related Indices:
- CSI Dividend Low Volatility Index (H30269/000966)
- 10-Year China Government Bond