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PICC Property and Casualty Co (PICC Property and Casualty Co) Forward Dividend Yield %

: 5.32% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of PICC Property and Casualty Co is 5.32%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of PICC Property and Casualty Co is 5.32%.

PPCCY's Forward Dividend Yield % is ranked better than
70.69% of 389 companies
in the Insurance industry
Industry Median: 3.79 vs PPCCY: 5.32

PICC Property and Casualty Co's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, PICC Property and Casualty Co's average Dividends Per Share Growth Rate was 17.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -1.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of PICC Property and Casualty Co was 31.10% per year. The lowest was -1.00% per year. And the median was 10.15% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Insurance - Property & Casualty subindustry, PICC Property and Casualty Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PICC Property and Casualty Co Forward Dividend Yield % Distribution

For the Insurance industry and Financial Services sector, PICC Property and Casualty Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where PICC Property and Casualty Co's Forward Dividend Yield % falls into.



PICC Property and Casualty Co Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

PICC Property and Casualty Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.6802023-06-262023-06-272023-08-11Cash DividendannuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

PICC Property and Casualty Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.68/31.54
=5.33 %

Current Share Price is $31.54.
PICC Property and Casualty Co's Dividends per Share for the forward twelve months is calculated as $1.68 * 1 = $1.68.

PICC Property and Casualty Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.68/31.54
=5.33 %

Current Share Price is $31.54.
PICC Property and Casualty Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.68.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PICC Property and Casualty Co  (OTCPK:PPCCY) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


PICC Property and Casualty Co Forward Dividend Yield % Related Terms

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PICC Property and Casualty Co (PICC Property and Casualty Co) Business Description

Traded in Other Exchanges
Address
Tower 2, No. 2 Jianguomenwai Avenue, Chaoyang District, Beijing, CHN, 100022
Headquartered in Beijing, PICC P&C is China's largest nonlife insurer, commanding over 33% market share in the country. It was founded by the People's Bank of China in 1949. The company is a flagship subsidiary of the PICC Group, a state-owned insurance group, which owns 69% of PICC P&C. The company offers a wide range of nonlife insurance products, including auto, commercial property, liability, credit and surety bond, accidents and health, energy and aerospace, and agricultural insurance.

PICC Property and Casualty Co (PICC Property and Casualty Co) Headlines

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