China Taiping Insurance Holdings Company Limited

SEHK:966 Stock Report

Market Cap: HK$42.3b

China Taiping Insurance Holdings Dividends and Buybacks

Dividend criteria checks 2/6

China Taiping Insurance Holdings is a dividend paying company with a current yield of 2.58% that is well covered by earnings.

Key information

2.6%

Dividend yield

-37.0%

Buyback Yield

Total Shareholder Yield-34.4%
Future Dividend Yield3.8%
Dividend Growth19.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareHK$0.300
Payout ratio18%

Recent dividend and buyback updates

China Taiping Insurance Holdings' (HKG:966) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 28
China Taiping Insurance Holdings' (HKG:966) Shareholders Will Receive A Bigger Dividend Than Last Year

China Taiping Insurance Holdings (HKG:966) Is Increasing Its Dividend To HK$0.30

Apr 01
China Taiping Insurance Holdings (HKG:966) Is Increasing Its Dividend To HK$0.30

Recent updates

A Piece Of The Puzzle Missing From China Taiping Insurance Holdings Company Limited's (HKG:966) 54% Share Price Climb

Oct 13
A Piece Of The Puzzle Missing From China Taiping Insurance Holdings Company Limited's (HKG:966) 54% Share Price Climb

Further Upside For China Taiping Insurance Holdings Company Limited (HKG:966) Shares Could Introduce Price Risks After 27% Bounce

Aug 28
Further Upside For China Taiping Insurance Holdings Company Limited (HKG:966) Shares Could Introduce Price Risks After 27% Bounce

China Taiping Insurance Holdings' (HKG:966) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 28
China Taiping Insurance Holdings' (HKG:966) Shareholders Will Receive A Bigger Dividend Than Last Year

China Taiping Insurance Holdings Company Limited's (HKG:966) Shares Leap 29% Yet They're Still Not Telling The Full Story

May 13
China Taiping Insurance Holdings Company Limited's (HKG:966) Shares Leap 29% Yet They're Still Not Telling The Full Story

China Taiping Insurance Holdings (HKG:966) Is Increasing Its Dividend To HK$0.30

Apr 01
China Taiping Insurance Holdings (HKG:966) Is Increasing Its Dividend To HK$0.30

China Taiping Insurance Holdings Company Limited's (HKG:966) Subdued P/E Might Signal An Opportunity

Jan 18
China Taiping Insurance Holdings Company Limited's (HKG:966) Subdued P/E Might Signal An Opportunity

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 966 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 966's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

China Taiping Insurance Holdings Dividend Yield vs Market
How does 966 dividend yield compare to the market?
SegmentDividend Yield
Company (966)2.6%
Market Bottom 25% (HK)3.2%
Market Top 25% (HK)8.1%
Industry Average (Insurance)3.3%
Analyst forecast (966) (up to 3 years)3.8%

Notable Dividend: 966's dividend (2.58%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.24%).

High Dividend: 966's dividend (2.58%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.05%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (18%), 966's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (1%), 966's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 11:12
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

China Taiping Insurance Holdings Company Limited is covered by 38 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark William KellockBarclays
Wenbing LiBOCOM International Securities Limited
Katherine HuBofA Global Research