Ping An Insurance (Group) Company of China Dividend
Dividend criteria checks 5/6
Ping An Insurance (Group) Company of China is a dividend paying company with a current yield of 4.25% that is well covered by earnings. Next payment date is on 13th November, 2024 with an ex-dividend date of 4th September, 2024.
Key information
4.2%
Dividend yield
48%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | 13 Nov 24 |
Ex dividend date | 04 Sep 24 |
Dividend per share | ฿11.687 |
Earnings per share | ฿4.99 |
Dividend yield forecast | 4.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PINGAN80's dividends per share have been stable in the past 10 years.
Growing Dividend: PINGAN80'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 |
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Segment | Dividend Yield |
---|---|
Company (PINGAN80) | 4.2% |
Market Bottom 25% (TH) | 2.4% |
Market Top 25% (TH) | 6.4% |
Industry Average (Insurance) | 3.5% |
Analyst forecast (PINGAN80) (up to 3 years) | 4.7% |
Notable Dividend: PINGAN80's dividend (4.25%) is higher than the bottom 25% of dividend payers in the TH market (2.39%).
High Dividend: PINGAN80's dividend (4.25%) is low compared to the top 25% of dividend payers in the TH market (6.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.6%), PINGAN80's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.9%), PINGAN80's dividend payments are thoroughly covered by cash flows.