PICC Property and Casualty Dividends and Buybacks
Dividend criteria checks 5/6
PICC Property and Casualty is a dividend paying company with a current yield of 4.39% that is well covered by earnings. Next payment date is on 27th December, 2024 with an ex-dividend date of 31st October, 2024.
Key information
4.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.7% |
| Dividend Growth | 11.0% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | US$0.0678 |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PPCC.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: PPCC.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| PICC Property and Casualty Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PPCC.F) | 4.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Insurance) | 1.6% |
| Analyst forecast (PPCC.F) (up to 3 years) | 5.7% |
Notable Dividend: PPCC.F's dividend (4.39%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: PPCC.F's dividend (4.39%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.7%), PPCC.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.1%), PPCC.F's dividend payments are covered by cash flows.