China Taiping Insurance Holdings is a dividend paying company with a current yield of 4.05% that is well covered by earnings. Next payment date is on 23rd July, 2024 with an ex-dividend date of 10th July, 2024.
Key information
4.1%
Dividend yield
20%
Payout ratio
Industry average yield
4.4%
Next dividend pay date
23 Jul 24
Ex dividend date
10 Jul 24
Dividend per share
n/a
Earnings per share
HK$1.50
Dividend yield forecast in 3Y
5.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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
How does 966 dividend yield compare to the market?
Segment
Dividend Yield
Company (966)
4.1%
Market Bottom 25% (HK)
3.3%
Market Top 25% (HK)
8.1%
Industry Average (Insurance)
4.4%
Analyst forecast in 3 Years (966)
5.6%
Notable Dividend: 966's dividend (4.05%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.29%).
High Dividend: 966's dividend (4.05%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.1%), 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.