Ping An Insurance (Group) Company of China Dividend
Dividend criteria checks 5/6
Ping An Insurance (Group) Company of China is a dividend paying company with a current yield of 5.65% that is well covered by earnings.
Key information
5.7%
Dividend yield
51%
Payout ratio
Industry average yield | 4.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | HK$2.640 |
Earnings per share | HK$4.64 |
Dividend yield forecast in 3Y | 6.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2318's dividends per share have been stable in the past 10 years.
Growing Dividend: 2318's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ping An Insurance (Group) Company of China Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2318) | 5.7% |
Market Bottom 25% (HK) | 3.4% |
Market Top 25% (HK) | 8.1% |
Industry Average (Insurance) | 4.3% |
Analyst forecast in 3 Years (2318) | 6.3% |
Notable Dividend: 2318's dividend (5.65%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.36%).
High Dividend: 2318's dividend (5.65%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.3%), 2318's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.2%), 2318's dividend payments are well covered by cash flows.