GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » New China Life Insurance Co Ltd (SHSE:601336) » Definitions » 3-Year Dividend Growth Rate

New China Life Insurance Co (SHSE:601336) 3-Year Dividend Growth Rate : -8.50% (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is New China Life Insurance Co 3-Year Dividend Growth Rate?

New China Life Insurance Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The historical rank and industry rank for New China Life Insurance Co's 3-Year Dividend Growth Rate or its related term are showing as below:

SHSE:601336' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -8.5   Med: 37.05   Max: 47.4
Current: -8.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of New China Life Insurance Co was 47.40% per year. The lowest was -8.50% per year. And the median was 37.05% per year.

SHSE:601336's 3-Year Dividend Growth Rate is ranked worse than
85.31% of 245 companies
in the Insurance industry
Industry Median: 6.3 vs SHSE:601336: -8.50

During the past 12 months, New China Life Insurance Co's average Dividends Per Share Growth Rate was -25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -8.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

New China Life Insurance Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, New China Life Insurance Co's Dividend Yield % is 3.31%.

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


Competitive Comparison of New China Life Insurance Co's 3-Year Dividend Growth Rate

For the Insurance - Life subindustry, New China Life Insurance Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


New China Life Insurance Co's 3-Year Dividend Growth Rate Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, New China Life Insurance Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where New China Life Insurance Co's 3-Year Dividend Growth Rate falls into.



New China Life Insurance Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


New China Life Insurance Co  (SHSE:601336) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

New China Life Insurance Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 1.58
=0.00

During the past 13 years, the highest Dividend Payout Ratio of New China Life Insurance Co was 0.50. The lowest was 0.07. And the median was 0.21.

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

New China Life Insurance Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 1.0800002023-08-102023-08-092023-08-10Cash DividendannuallyCNY: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.

New China Life Insurance Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.08/32.60
=3.31 %

Current Share Price is ¥32.60.
New China Life Insurance Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥1.08.

During the past 13 years, the highest Dividend Yield of New China Life Insurance Co was 6.03%. The lowest was 0.23%. And the median was 1.14%.

* 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.


New China Life Insurance Co 3-Year Dividend Growth Rate Related Terms>


New China Life Insurance Co (SHSE:601336) Business Description

Traded in Other Exchanges
Address
A12 Jianguomenwai Avenue, New China Insurance Tower, Chaoyang District, Beijing, CHN, 100022
Headquartered in Beijing, New China Life Insurance, or NCI, was founded by SOEs and private firms in 1996. The company is the fourth-largest life insurer in China in terms of total assets. Huijin Investment, the government's investment company owns 31% shares of New China Life. The company was listed on the Hong Kong and Shanghai Stock Exchanges in 2011. New China Life offers comprehensive life insurance products and services to individual customers and institutional customers through nationwide distributional networks and diversified marketing channels, manages and deploys insurance funds through its subsidiaries, including Asset Management Company and Asset Management Company (Hong Kong).

New China Life Insurance Co (SHSE:601336) Headlines

No Headlines