As of today (2026-07-04), the Forward Annual Dividend Yield of China Life Insurance Co is 1.78%.
As of today (2026-07-04), the Trailing Annual Dividend Yield of China Life Insurance Co is 1.78%.
SHSE:601628's Forward Dividend Yield % is ranked worse than 72.14% of 420
companies
in the Insurance industry
Industry Median: 3.355
vs SHSE:601628: 1.78
During the past 12 months, China Life Insurance Co's average Dividends Per Share Growth Rate was 9.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 1.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -1.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 8.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Life Insurance Co was 71.00% per year. The lowest was -41.50% per year. And the median was 0.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
China Life Insurance Co (SHSE:601628) 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.
China Life Insurance Co Forward Dividend Yield % Related Terms
SHSE:601628 vs AFL, MET, PRU: Forward Dividend Yield % Comparison
For the Insurance - Life subindustry, China Life Insurance 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.
China Life Insurance Co Forward Dividend Yield % vs Insurance Industry
For the Insurance industry and Financial Services sector, China Life Insurance Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where China Life Insurance Co's Forward Dividend Yield % falls into.
China Life Insurance Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
China Life Insurance Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.238000
2025-10-17
2025-10-16
2025-10-17
Cash Dividend
semi-annually
CNY:CNY 1.000000
CNY 0.450000
2025-07-10
2025-07-09
2025-07-10
Cash Dividend
semi-annually
CNY:CNY 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.
* 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.
What does a Forward Dividend Yield % of 1.78% mean?
China Life Insurance Co (SHSE:601628) has a Forward Dividend Yield % of 1.78% as of Jul. 04, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on China Life Insurance Co and its competitors. According to the industry distribution chart, China Life Insurance Co ranks #303 out of 420 companies in the Insurance industry, placing it in the top 72.1%.
Is China Life Insurance Co's Forward Dividend Yield % too high?
China Life Insurance Co's current Forward Dividend Yield % is 1.78%. The Insurance industry median Forward Dividend Yield % is 3.36. China Life Insurance Co's value of 1.78% is 46.9% below this industry median. Based on the distribution chart, China Life Insurance Co ranks #303 out of 420 companies in the Insurance industry, which is below the industry midpoint. Overall, China Life Insurance Co has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Life Insurance Co's Forward Dividend Yield % compare to AFL and MET?
According to the Insurance industry distribution chart, China Life Insurance Co ranks #303 out of 420 companies for Forward Dividend Yield %. This places China Life Insurance Co in the lower half of its industry. The industry median Forward Dividend Yield % is 3.36. China Life Insurance Co's value of 1.78% is 46.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Insurance company?
The median Forward Dividend Yield % among Insurance companies is 3.36, based on 420 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Life Insurance Co's current Forward Dividend Yield % of 1.78% is 46.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on China Life Insurance Co and its competitors. For the Insurance industry, the median Forward Dividend Yield % is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Life Insurance Co's current Forward Dividend Yield % is 1.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Life Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, China Life Insurance Co (SHSE:601628) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥46.34, compared to a current price of ¥38.66 — trading 16.6% below its estimated fair value. The current Forward Dividend Yield % is 1.78% and 46.9% below the Insurance industry median of 3.36. China Life Insurance Co's overall GF Score™ is 50/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For China Life Insurance Co (SHSE:601628), the current Forward Dividend Yield % is 1.78% as of Jul. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Life Insurance Co (SHSE:601628) Overvalued in 2026?
Based on GuruFocus' analysis, China Life Insurance Co stock appears to be undervalued.
The current stock price of ¥38.66 is trading 16.6% below its estimated GF Value™ of ¥46.34.
GuruFocus considers China Life Insurance Co to be Modestly Undervalued.
Key valuation signals for SHSE:601628:
Forward Dividend Yield %: 1.78%
GF Value™: ¥46.34 vs. price of ¥38.66 (16.6% below fair value)
Industry Position: 46.9% below the Insurance median (#303 of 420)
No single metric tells the full story. See the SHSE:601628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
As the largest life insurance company in China, China Life commands about 16% market share by end-2024. The firm offers group and individual life insurance through exclusive agents, bancassurance, and other marketing platforms. While the bulk of profits stem from life insurance policies, additional operations include short-term policies such as accident and health insurance. The company is focusing on building a senior-care ecosystem and reforming a new agent team for long-term growth.
50GF Score
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Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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