What is The People's Insurance Co (Group) of China Forward Dividend Yield %?
As of today (2024-04-24), the Forward Annual Dividend Yield of The People's Insurance Co (Group) of China is 7.14%.
As of today (2024-04-24), the Trailing Annual Dividend Yield of The People's Insurance Co (Group) of China is 7.14%.
HKSE:01339's Forward Dividend Yield % is ranked better than 85.94% of 384
companies
in the Insurance industry
Industry Median: 3.795
vs HKSE:01339: 7.14
The People's Insurance Co (Group) of China's Dividends per Share for the
three
months ended in Dec. 2023 was HK$0.00.
During the past 12 months, The People's Insurance Co (Group) of China's average Dividends Per Share Growth Rate was 12.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 0.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 34.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 45.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The People's Insurance Co (Group) of China was 73.20% per year. The lowest was 0.70% per year. And the median was 54.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of The People's Insurance Co (Group) of China's Forward Dividend Yield %
For the Insurance - Property & Casualty subindustry, The People's Insurance Co (Group) of China'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.
The People's Insurance Co (Group) of China's Forward Dividend Yield % Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, The People's Insurance Co (Group) of China's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where The People's Insurance Co (Group) of China's Forward Dividend Yield % falls into.
The People's Insurance Co (Group) of China Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
The People's Insurance Co (Group) of China Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
HKD 0.182
2023-06-26
2023-06-28
2023-07-28
Cash Dividend
annually
HKD:HKD 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.
The People's Insurance Co (Group) of China's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.182
/
2.60
=
7.00 %
Current Share Price is HK$2.60.
The People's Insurance Co (Group) of China's Dividends per Share for the forward twelve months is calculated as HK$0.182 * 1 = HK$0.182.
The People's Insurance Co (Group) of China's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.182
/
2.60
=
7.00 %
Current Share Price is HK$2.60.
The People's Insurance Co (Group) of China's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.182.
* 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.
The People's Insurance Co (Group) of China (HKSE:01339) 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.
The People's Insurance Co (Group) of China Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of The People's Insurance Co (Group) of China's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
The People's Insurance Co (Group) of China (HKSE:01339) Business Description
Headquartered in Beijing, PICC Group is the largest state-owned insurance group, holding a 69% stake in PICC P&C, an 80% stake in PICC Life, and a 69% stake in PICC Health Insurance. Its P&C subsidiary is the largest nonlife insurer with about one third of market share in China. Life and health insurance subsidiaries hold about 2.9% and 1.3% share, respectively. The Ministry of Finance is the largest shareholder, with 61% share. China's Social Security Fund is the group's second-largest shareholder holding nearly 13% share.
The People's Insurance Co (Group) of China (HKSE:01339) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01339 has been successfully added to your