People's Insurance Company (Group) of China Dividend
Dividend criteria checks 4/6
People's Insurance Company (Group) of China is a dividend paying company with a current yield of 6.35% that is well covered by earnings. Next payment date is on 9th August, 2024 with an ex-dividend date of 5th July, 2024.
Key information
6.3%
Dividend yield
36%
Payout ratio
| Industry average yield | 4.2% |
| Next dividend pay date | 09 Aug 24 |
| Ex dividend date | 05 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.44 |
| Dividend yield forecast in 3Y | 8.5% |
Recent dividend updates
Recent updates
The People's Insurance Company (Group) of China Limited (HKG:1339) Doing What It Can To Lift Shares
Jun 11
Here's Why People's Insurance Company (Group) of China (HKG:1339) Has Caught The Eye Of Investors
Nov 01Here's Why We Think People's Insurance Company (Group) of China (HKG:1339) Is Well Worth Watching
Jul 17Does People's Insurance Company (Group) of China (HKG:1339) Deserve A Spot On Your Watchlist?
Apr 18Do People's Insurance Company (Group) of China's (HKG:1339) Earnings Warrant Your Attention?
Jan 18Here's Why I Think People's Insurance Company (Group) of China (HKG:1339) Is An Interesting Stock
Apr 08Should You Be Adding People's Insurance Company (Group) of China (HKG:1339) To Your Watchlist Today?
Jan 07Here's Why I Think People's Insurance Company (Group) of China (HKG:1339) Might Deserve Your Attention Today
Sep 08What Is The Ownership Structure Like For The People's Insurance Company (Group) of China Limited (HKG:1339)?
Feb 07
A Look At People's Insurance Company (Group) of China's (HKG:1339) Share Price Returns
Jan 03Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1339's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1339'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1339) | 6.3% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 7.9% |
| Industry Average (Insurance) | 4.2% |
| Analyst forecast in 3 Years (1339) | 8.5% |
Notable Dividend: 1339's dividend (6.35%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.32%).
High Dividend: 1339's dividend (6.35%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.9%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.5%), 1339's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.7%), 1339's dividend payments are thoroughly covered by cash flows.