Ping An Insurance (Group) Company of China Dividend
Dividend criteria checks 6/6
Ping An Insurance (Group) Company of China is a dividend paying company with a current yield of 5.88% that is well covered by earnings.
Key information
5.9%
Dividend yield
51%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥4.64 |
| Dividend yield forecast in 3Y | 6.6% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601318's dividends per share have been stable in the past 10 years.
Growing Dividend: 601318's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ping An Insurance (Group) Company of China Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601318) | 5.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Insurance) | 3.3% |
| Analyst forecast in 3 Years (601318) | 6.6% |
Notable Dividend: 601318's dividend (5.88%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 601318's dividend (5.88%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.3%), 601318's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.2%), 601318's dividend payments are well covered by cash flows.