People's Insurance Company (Group) of China Dividend
Dividend criteria checks 5/6
People's Insurance Company (Group) of China is a dividend paying company with a current yield of 6.27% that is well covered by earnings.
Key information
6.3%
Dividend yield
31%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.50 |
Dividend yield forecast in 3Y | 8.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601319's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601319's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
People's Insurance Company (Group) of China Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601319) | 6.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Insurance) | 3.4% |
Analyst forecast in 3 Years (601319) | 8.6% |
Notable Dividend: 601319's dividend (6.27%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 601319's dividend (6.27%) is in the top 25% of dividend payers in the CN market (2.4%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.9%), 601319's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.3%), 601319's dividend payments are thoroughly covered by cash flows.