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 5.91% that is well covered by earnings.
Key information
5.9%
Dividend yield
51%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥2.430 |
Earnings per share | CN¥4.64 |
Dividend yield forecast in 3Y | 6.7% |
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 |
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Segment | Dividend Yield |
---|---|
Company (601318) | 5.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Insurance) | 3.4% |
Analyst forecast in 3 Years (601318) | 6.7% |
Notable Dividend: 601318's dividend (5.91%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 601318's dividend (5.91%) is in the top 25% of dividend payers in the CN market (2.64%)
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.