Ping An Insurance (Group) Company of China Dividends and Buybacks
Dividend criteria checks 5/6
Ping An Insurance (Group) Company of China is a dividend paying company with a current yield of 4.36% that is well covered by earnings.
Key information
4.4%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 4.8% |
| Future Dividend Yield | 4.9% |
| Dividend Growth | 13.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$2.654 |
| Payout ratio | 37% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2318) | 4.4% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Insurance) | 3.1% |
| Analyst forecast (2318) (up to 3 years) | 4.9% |
Notable Dividend: 2318's dividend (4.36%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 2318's dividend (4.36%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.7%), 2318's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.6%), 2318's dividend payments are thoroughly covered by cash flows.