Guosen Securities recently issued a research report stating that in the food and beverage sector, attention should be paid to the investment value of high-dividend assets and potential high-dividend stocks. The pricing paradigm of assets in the mid-to-low growth era is gradually changing, and high-dividend assets provide certain income, which is still a relatively advantageous stock selection strategy. Currently, the valuation of the food and beverage sector as a whole is at a historically low percentile level. Against the background of policies promoting shareholder returns, many food and beverage companies have taken action to increase dividend payouts, or have the intention to increase their dividend payouts. It is recommended to pay attention to the investment value of high-dividend stocks in the food and beverage sector, and to focus on the valuation opportunities brought by changes in marginal dividend payout rates of these companies.