PICC Property and Casualty Company Limited

SEHK:2328 Stock Report

Market Cap: HK$223.3b

PICC Property and Casualty Dividend

Dividend criteria checks 4/6

PICC Property and Casualty is a dividend paying company with a current yield of 5.24% that is well covered by earnings. Next payment date is on 30th August, 2024 with an ex-dividend date of 5th July, 2024.

Key information

5.2%

Dividend yield

44%

Payout ratio

Industry average yield4.2%
Next dividend pay date30 Aug 24
Ex dividend date05 Jul 24
Dividend per sharen/a
Earnings per shareHK$1.11
Dividend yield forecast in 3Y6.8%

Recent dividend updates

PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To CN¥0.5241

Jun 22
PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To CN¥0.5241

PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To HK$0.48

Jun 22
PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To HK$0.48

Recent updates

PICC Property and Casualty Company Limited's (HKG:2328) Price Is Out Of Tune With Earnings

Apr 23
PICC Property and Casualty Company Limited's (HKG:2328) Price Is Out Of Tune With Earnings

Earnings Not Telling The Story For PICC Property and Casualty Company Limited (HKG:2328)

Jan 08
Earnings Not Telling The Story For PICC Property and Casualty Company Limited (HKG:2328)

PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To CN¥0.5241

Jun 22
PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To CN¥0.5241

PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To HK$0.48

Jun 22
PICC Property and Casualty (HKG:2328) Is Increasing Its Dividend To HK$0.48

What To Know Before Buying PICC Property and Casualty Company Limited (HKG:2328) For Its Dividend

Mar 29
What To Know Before Buying PICC Property and Casualty Company Limited (HKG:2328) For Its Dividend

What Kind Of Investors Own Most Of PICC Property and Casualty Company Limited (HKG:2328)?

Feb 18
What Kind Of Investors Own Most Of PICC Property and Casualty Company Limited (HKG:2328)?

What Type Of Returns Would PICC Property and Casualty's(HKG:2328) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Jan 23
What Type Of Returns Would PICC Property and Casualty's(HKG:2328) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Should You Or Shouldn't You: A Dividend Analysis on PICC Property and Casualty Company Limited (HKG:2328)

Dec 27
Should You Or Shouldn't You: A Dividend Analysis on PICC Property and Casualty Company Limited (HKG:2328)

What Type Of Shareholders Make Up PICC Property and Casualty Company Limited's (HKG:2328) Share Registry?

Nov 20
What Type Of Shareholders Make Up PICC Property and Casualty Company Limited's (HKG:2328) Share Registry?

Upcoming Dividend Payment

TodayJun 20 2024Ex Dividend DateJul 05 2024Dividend Pay DateAug 30 202456 days from Ex DividendBuy in the next 15 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2328's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2328's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

PICC Property and Casualty Dividend Yield vs Market
How does 2328 dividend yield compare to the market?
SegmentDividend Yield
Company (2328)5.2%
Market Bottom 25% (HK)3.2%
Market Top 25% (HK)7.7%
Industry Average (Insurance)4.2%
Analyst forecast in 3 Years (2328)6.8%

Notable Dividend: 2328's dividend (5.24%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.2%).

High Dividend: 2328's dividend (5.24%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.75%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (44.2%), 2328's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (61.1%), 2328's dividend payments are covered by cash flows.


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