China Life Insurance Dividends and Buybacks
Dividend criteria checks 3/6
China Life Insurance is a dividend paying company with a current yield of 3.01% that is well covered by earnings. Next payment date is on 23rd December, 2024 with an ex-dividend date of 5th November, 2024.
Key information
3.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.0% |
| Dividend Growth | 7.4% |
| Next dividend pay date | 23 Dec 24 |
| Ex dividend date | 05 Nov 24 |
| Dividend per share | HK$0.436 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2628's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2628's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Life Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2628) | 3.0% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Insurance) | 3.3% |
| Analyst forecast (2628) (up to 3 years) | 5.0% |
Notable Dividend: 2628's dividend (3.01%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 2628's dividend (3.01%) 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 low payout ratio (20.3%), 2628's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.8%), 2628's dividend payments are thoroughly covered by cash flows.