China Life Insurance Dividends and Buybacks
Dividend criteria checks 5/6
China Life Insurance is a dividend paying company with a current yield of 2.76% that is well covered by earnings.
Key information
2.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.5% |
| Dividend Growth | 7.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601628's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601628's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Life Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601628) | 2.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Insurance) | 3.0% |
| Analyst forecast (601628) (up to 3 years) | 4.5% |
Notable Dividend: 601628's dividend (2.76%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 601628's dividend (2.76%) is in the top 25% of dividend payers in the CN market (2.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.3%), 601628's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.8%), 601628's dividend payments are thoroughly covered by cash flows.