PICC Property and Casualty Dividend
Dividend criteria checks 4/6
PICC Property and Casualty is a dividend paying company with a current yield of 4.48% that is well covered by earnings. Next payment date is on 27th December, 2024 with an ex-dividend date of 31st October, 2024.
Key information
4.5%
Dividend yield
48%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | HK$0.489 |
| Earnings per share | HK$1.03 |
| Dividend yield forecast | 5.8% |
Recent dividend updates
Recent updates
PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To CN¥0.5359
Jul 04
PICC Property and Casualty Company Limited's (HKG:2328) Price Is Out Of Tune With Earnings
Apr 23Earnings Not Telling The Story For PICC Property and Casualty Company Limited (HKG:2328)
Jan 08PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To CN¥0.5241
Jun 22PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To HK$0.48
Jun 22What To Know Before Buying PICC Property and Casualty Company Limited (HKG:2328) For Its Dividend
Mar 29What Kind Of Investors Own Most Of PICC Property and Casualty Company Limited (HKG:2328)?
Feb 18What Type Of Returns Would PICC Property and Casualty's(HKG:2328) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 23Should You Or Shouldn't You: A Dividend Analysis on PICC Property and Casualty Company Limited (HKG:2328)
Dec 27
What Type Of Shareholders Make Up PICC Property and Casualty Company Limited's (HKG:2328) Share Registry?
Nov 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2328's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2328's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| PICC Property and Casualty Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2328) | 4.5% |
| Market Bottom 25% (HK) | 3.1% |
| Market Top 25% (HK) | 7.7% |
| Industry Average (Insurance) | 3.0% |
| Analyst forecast (2328) (up to 3 years) | 5.8% |
Notable Dividend: 2328's dividend (4.48%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.13%).
High Dividend: 2328's dividend (4.48%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.7%), 2328's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.1%), 2328's dividend payments are covered by cash flows.