Ping An Insurance (Group) Company of China Dividend
Dividend criteria checks 4/6
Ping An Insurance (Group) Company of China is a dividend paying company with a current yield of 6.06% that is well covered by earnings. Next payment date is on 26th July, 2024 with an ex-dividend date of 7th June, 2024.
Key information
6.1%
Dividend yield
50%
Payout ratio
Industry average yield
6.3%
Next dividend pay date
26 Jul 24
Ex dividend date
07 Jun 24
Dividend per share
n/a
Earnings per share
Mex$4.73
Dividend yield forecast in 3Y
6.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2318 N's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2318 N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ping An Insurance (Group) Company of China Dividend Yield vs Market
How does 2318 N dividend yield compare to the market?
Segment
Dividend Yield
Company (2318 N)
6.1%
Market Bottom 25% (MX)
2.2%
Market Top 25% (MX)
6.4%
Industry Average (Insurance)
6.3%
Analyst forecast in 3 Years (2318 N)
6.8%
Notable Dividend: 2318 N's dividend (6.06%) is higher than the bottom 25% of dividend payers in the MX market (2.14%).
High Dividend: 2318 N's dividend (6.06%) is low compared to the top 25% of dividend payers in the MX market (6.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.3%), 2318 N's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.5%), 2318 N's dividend payments are thoroughly covered by cash flows.