Ping An Insurance (Group) Company of China Dividend
Dividend criteria checks 5/6
Ping An Insurance (Group) Company of China is a dividend paying company with a current yield of 5.99% that is well covered by earnings. Next payment date is on 26th July, 2024 with an ex-dividend date of 7th June, 2024.
Key information
6.0%
Dividend yield
50%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | 26 Jul 24 |
| Ex dividend date | 07 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$4.64 |
| Dividend yield forecast in 3Y | 6.7% |
Recent dividend updates
Recent updates
A Piece Of The Puzzle Missing From Ping An Insurance (Group) Company of China, Ltd.'s (HKG:2318) Share Price
Dec 27
Ping An Insurance (Group) Company of China (HKG:2318) Is Increasing Its Dividend To CN¥1.06
Sep 08Ping An Insurance (Group) Company of China's (HKG:2318) Dividend Will Be Increased To CN¥1.06
Aug 25Ping An Insurance (Group) Company of China (HKG:2318) Is Increasing Its Dividend To HK$1.06
Sep 26Ping An Insurance (Group) Company of China's (HKG:2318) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 12Ping An Insurance (Group) Company of China (HKG:2318) Is Increasing Its Dividend To HK$1.06
Aug 28Is Now The Time To Put Ping An Insurance (Group) Company of China (HKG:2318) On Your Watchlist?
May 16Is Ping An Insurance (Group) Company of China, Ltd.'s (HKG:2318) ROE Of 16% Impressive?
Mar 09What Makes Ping An Insurance (Group) Company of China, Ltd. (HKG:2318) A Great Dividend Stock?
Feb 15
Did You Participate In Any Of Ping An Insurance (Group) Company of China's (HKG:2318) Fantastic 225% Return ?
Jan 25Do Institutions Own Ping An Insurance (Group) Company of China, Ltd. (HKG:2318) Shares?
Dec 29Can Ping An Insurance (Group) Company of China, Ltd.'s (HKG:2318) ROE Continue To Surpass The Industry Average?
Dec 08How Does Ping An Insurance (Group) Company of China, Ltd. (HKG:2318) Fare As A Dividend Stock?
Nov 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2318's dividends per share have been stable in the past 10 years.
Growing Dividend: 2318's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ping An Insurance (Group) Company of China Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2318) | 6.0% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.3% |
| Industry Average (Insurance) | 4.8% |
| Analyst forecast in 3 Years (2318) | 6.7% |
Notable Dividend: 2318's dividend (5.99%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.45%).
High Dividend: 2318's dividend (5.99%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.3%), 2318's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.2%), 2318's dividend payments are well covered by cash flows.