New China Life Insurance Dividends and Buybacks
Dividend criteria checks 5/6
New China Life Insurance is a dividend paying company with a current yield of 2.19% that is well covered by earnings.
Key information
2.2%
Dividend yield
11.4%
Buyback Yield
| Total Shareholder Yield | 13.6% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 13.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.080 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
New China Life Insurance Company Ltd. (SHSE:601336) Surges 50% Yet Its Low P/E Is No Reason For Excitement
Oct 16
Insufficient Growth At New China Life Insurance Company Ltd. (SHSE:601336) Hampers Share Price
Sep 01New China Life Insurance (SHSE:601336) Is Paying Out Less In Dividends Than Last Year
Aug 05Investors Aren't Entirely Convinced By New China Life Insurance Company Ltd.'s (SHSE:601336) Earnings
May 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601336's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601336's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| New China Life Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601336) | 2.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Insurance) | 3.0% |
| Analyst forecast (601336) (up to 3 years) | 2.5% |
Notable Dividend: 601336's dividend (2.19%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 601336's dividend (2.19%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.9%), 601336's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.4%), 601336's dividend payments are thoroughly covered by cash flows.