PICC Property and Casualty Dividend
Dividend criteria checks 4/6
PICC Property and Casualty is a dividend paying company with a current yield of 4.84% that is well covered by earnings.
Key information
4.8%
Dividend yield
48%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.530 |
| Earnings per share | HK$1.03 |
| Dividend yield forecast | 6.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2328's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2328's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| PICC Property and Casualty Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2328) | 4.8% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Insurance) | 3.2% |
| Analyst forecast (2328) (up to 3 years) | 6.3% |
Notable Dividend: 2328's dividend (4.84%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.31%).
High Dividend: 2328's dividend (4.84%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.7%), 2328's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.1%), 2328's dividend payments are covered by cash flows.