The People's Insurance Co (Group) of China (HKSE:01339) Dividend Yield % : 6.91% (As of Apr. 26, 2024)

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What is The People's Insurance Co (Group) of China Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of The People's Insurance Co (Group) of China is 6.91%.

Good Sign:

The People's Insurance Co (Group) of China Ltd stock dividend yield is close to 1-year high.

The historical rank and industry rank for The People's Insurance Co (Group) of China's Dividend Yield % or its related term are showing as below:

HKSE:01339' s Dividend Yield % Range Over the Past 10 Years
Min: 5.38 Med: 6.92 Max: 8.81
Current: 6.91

During the past 13 years, the highest Dividend Yield of The People's Insurance Co (Group) of China was 8.81%. The lowest was 5.38%. And the median was 6.92%.

HKSE:01339's Dividend Yield % is ranked better than
88.25% of 400 companies
in the Insurance industry
Industry Median: 3.505 vs HKSE:01339: 6.91

The People's Insurance Co (Group) of China's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of The People's Insurance Co (Group) of China was 0.36. The lowest was 0.02. And the median was 0.11.

As of today (2024-04-26), the Forward Dividend Yield % of The People's Insurance Co (Group) of China is 6.91%.

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.

The People's Insurance Co (Group) of China Dividend Yield % Historical Data

The historical data trend for The People's Insurance Co (Group) of China's Dividend Yield % can be seen below:

* 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.

* Premium members only.

The People's Insurance Co (Group) of China Dividend Yield % Chart

The People's Insurance Co (Group) of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

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1.60

6.86

7.07

6.65

7.58

The People's Insurance Co (Group) of China Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Dividend Yield %	Get a 7-Day Free Trial															8.43	6.65	6.41	6.48	7.58

Competitive Comparison of The People's Insurance Co (Group) of China's Dividend Yield %

For the Insurance - Property & Casualty subindustry, The People's Insurance Co (Group) of China's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution in the Insurance Industry

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

* The bar in red indicates where The People's Insurance Co (Group) of China's Dividend Yield % falls into.

The People's Insurance Co (Group) of China 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.182	/	2.64
	=	6.89 %

Current Share Price is HK$2.64.
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.

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	/	2.64
	=	6.89 %

Current Share Price is HK$2.64.
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 (HKSE:01339) 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.

The People's Insurance Co (Group) of China Dividend Yield % Related Terms

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The People's Insurance Co (Group) of China (HKSE:01339) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

PINXY:USA PIR:Germany 601319:China

Address

No. 88, West Chang’an Avenue, 1st-13th Floor, Xi Cheng District, Beijing, CHN, 100031

Website

http://www.picc.com.cn

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.

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