China Taiping Insurance Holdings Dividends and Buybacks
Dividend criteria checks 2/6
China Taiping Insurance Holdings is a dividend paying company with a current yield of 2.39% that is well covered by earnings.
Key information
2.4%
Dividend yield
-34.8%
Buyback Yield
| Total Shareholder Yield | -32.4% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 19.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.300 |
| Payout ratio | 18% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 966 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 966's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| China Taiping Insurance Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (966) | 2.4% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Insurance) | 3.1% |
| Analyst forecast (966) (up to 3 years) | 3.5% |
Notable Dividend: 966's dividend (2.39%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 966's dividend (2.39%) 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 low payout ratio (18%), 966's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (1%), 966's dividend payments are thoroughly covered by cash flows.