China Pacific Insurance (Group) Dividends and Buybacks
Dividend criteria checks 3/6
China Pacific Insurance (Group) is a dividend paying company with a current yield of 2.9% that is well covered by earnings.
Key information
2.9%
Dividend yield
-2.6%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$1.105 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2601's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2601's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Pacific Insurance (Group) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2601) | 2.9% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Insurance) | 3.1% |
| Analyst forecast (2601) (up to 3 years) | 3.5% |
Notable Dividend: 2601's dividend (2.9%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 2601's dividend (2.9%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.04%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.2%), 2601's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.5%), 2601's dividend payments are thoroughly covered by cash flows.