New China Life Insurance Dividend
Dividend criteria checks 3/6
New China Life Insurance is a dividend paying company with a current yield of 2.8% that is well covered by earnings.
Key information
2.8%
Dividend yield
30%
Payout ratio
Industry average yield | 4.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | HK$2.79 |
Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1336's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1336's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
New China Life Insurance Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1336) | 2.8% |
Market Bottom 25% (HK) | 3.4% |
Market Top 25% (HK) | 8.2% |
Industry Average (Insurance) | 4.6% |
Analyst forecast in 3 Years (1336) | 4.2% |
Notable Dividend: 1336's dividend (2.8%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.39%).
High Dividend: 1336's dividend (2.8%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.4%), 1336's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3%), 1336's dividend payments are thoroughly covered by cash flows.