Sunshine Insurance Group Dividends and Buybacks
Dividend criteria checks 3/6
Sunshine Insurance Group is a dividend paying company with a current yield of 7.08% that is well covered by earnings.
Key information
7.1%
Dividend yield
-9.9%
Buyback Yield
| Total Shareholder Yield | -2.8% |
| Future Dividend Yield | 8.3% |
| Dividend Growth | 28.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.194 |
| Payout ratio | 52% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6963 has been paying a dividend for less than 10 years.
Growing Dividend: 6963 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Sunshine Insurance Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6963) | 7.1% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Insurance) | 3.3% |
| Analyst forecast (6963) (up to 3 years) | 8.3% |
Notable Dividend: 6963's dividend (7.08%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.24%).
High Dividend: 6963's dividend (7.08%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.9%), 6963's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.6%), 6963's dividend payments are thoroughly covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 20:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sunshine Insurance Group Company Limited is covered by 5 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yung Chen | CCB International Securities Limited |
| Qingqing Mao | China International Capital Corporation Limited |
| Chengdun Tong | Citic Securities Co., Ltd. |