New China Life Insurance Dividend
Dividend criteria checks 5/6
New China Life Insurance is a dividend paying company with a current yield of 2.74% that is well covered by earnings.
Key information
2.7%
Dividend yield
30%
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¥2.79 |
Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
Recent updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (601336) | 2.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Insurance) | 3.4% |
Analyst forecast in 3 Years (601336) | 4.1% |
Notable Dividend: 601336's dividend (2.74%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 601336's dividend (2.74%) is in the top 25% of dividend payers in the CN market (2.39%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.4%), 601336's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3%), 601336's dividend payments are thoroughly covered by cash flows.