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China Reinsurance (Group) (HKSE:01508) Forward Dividend Yield % : 8.27% (As of Apr. 26, 2024)


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What is China Reinsurance (Group) Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of China Reinsurance (Group) is 8.27%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of China Reinsurance (Group) is 2.78%.

HKSE:01508's Forward Dividend Yield % is ranked better than
93.26% of 386 companies
in the Insurance industry
Industry Median: 3.825 vs HKSE:01508: 8.27

China Reinsurance (Group)'s Dividends per Share for the six months ended in Dec. 2023 was HK$0.00.

During the past 12 months, China Reinsurance (Group)'s average Dividends Per Share Growth Rate was -70.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -33.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -14.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Reinsurance (Group) was 12.60% per year. The lowest was -33.90% per year. And the median was -3.10% 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 China Reinsurance (Group)'s Forward Dividend Yield %

For the Insurance - Reinsurance subindustry, China Reinsurance (Group)'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.


China Reinsurance (Group)'s Forward Dividend Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Reinsurance (Group)'s Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where China Reinsurance (Group)'s Forward Dividend Yield % falls into.



China Reinsurance (Group) Forward Dividend Yield % Calculation

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

China Reinsurance (Group) Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0152023-06-292023-07-012023-08-22Cash DividendannuallyHKD: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.

China Reinsurance (Group)'s Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.015/0.54
=2.78 %

Current Share Price is HK$0.54.
China Reinsurance (Group)'s Dividends per Share for the forward twelve months is calculated as HK$0.015 * 1 = HK$0.015.

China Reinsurance (Group)'s Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.015/0.54
=2.78 %

Current Share Price is HK$0.54.
China Reinsurance (Group)'s Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.015.

* 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.


China Reinsurance (Group)  (HKSE:01508) 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.


China Reinsurance (Group) Forward Dividend Yield % Related Terms

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China Reinsurance (Group) (HKSE:01508) Business Description

Traded in Other Exchanges
Address
No 11, Jinrong Avenue, Xicheng District, Beijing, CHN, 100033
China Reinsurance (Group) Corp is a Chinese company that is engaged in the reinsurance business. It provides various products and services including reinsurance, direct insurance, asset management, insurance brokerage, and insurance media service. The company offers a variety of reinsurance products for various property and casualty insurance, such as motor, property, agricultural, liability insurance, life, health, accident insurance, and asset management services. It operates through the following business segments: Property and casualty reinsurance, Life and health reinsurance, Primary property and casualty insurance, Asset Management, and Others.

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