China Life Insurance Dividend
Dividend criteria checks 4/6
China Life Insurance is a dividend paying company with a current yield of 4.02% that is well covered by earnings. Next payment date is on 22nd August, 2024 with an ex-dividend date of 3rd July, 2024.
Key information
4.0%
Dividend yield
64%
Payout ratio
Industry average yield | 4.1% |
Next dividend pay date | 22 Aug 24 |
Ex dividend date | 03 Jul 24 |
Dividend per share | n/a |
Earnings per share | HK$0.67 |
Dividend yield forecast in 3Y | 5.8% |
Recent dividend updates
Recent updates
China Life Insurance Company Limited's (HKG:2628) 5.2% Dividend Yield Looks Pretty Interesting
Feb 21What Type Of Returns Would China Life Insurance's(HKG:2628) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 16Is Weakness In China Life Insurance Company Limited (HKG:2628) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Dec 20Are You An Income Investor? Don't Miss Out On China Life Insurance Company Limited (HKG:2628)
Nov 22Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2628's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2628'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 (2628) | 4.0% |
Market Bottom 25% (HK) | 3.2% |
Market Top 25% (HK) | 7.8% |
Industry Average (Insurance) | 4.1% |
Analyst forecast in 3 Years (2628) | 5.8% |
Notable Dividend: 2628's dividend (4.02%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.16%).
High Dividend: 2628's dividend (4.02%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64%), 2628's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.1%), 2628's dividend payments are thoroughly covered by cash flows.