China Pacific Insurance (Group) Dividends and Buybacks
Dividend criteria checks 5/6
China Pacific Insurance (Group) is a dividend paying company with a current yield of 2.87% that is well covered by earnings.
Key information
2.9%
Dividend yield
-2.6%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.020 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601601's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601601's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Pacific Insurance (Group) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601601) | 2.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Insurance) | 3.0% |
| Analyst forecast (601601) (up to 3 years) | 3.5% |
Notable Dividend: 601601's dividend (2.87%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 601601's dividend (2.87%) is in the top 25% of dividend payers in the CN market (2.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.2%), 601601's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.5%), 601601's dividend payments are thoroughly covered by cash flows.