GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » New China Life Insurance Co Ltd (STU:NCL) » Definitions » Dividend Yield %

New China Life Insurance Co (STU:NCL) Dividend Yield % : 6.00% (As of Dec. 12, 2024)


View and export this data going back to 2012. Start your Free Trial

What is New China Life Insurance Co Dividend Yield %?

As of today (2024-12-12), the Trailing Annual Dividend Yield of New China Life Insurance Co is 6.00%.

The historical rank and industry rank for New China Life Insurance Co's Dividend Yield % or its related term are showing as below:

STU:NCL' s Dividend Yield % Range Over the Past 10 Years
Min: 0.23   Med: 1.48   Max: 6.03
Current: 6

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 1.48%.

STU:NCL's Dividend Yield % is ranked better than
80.45% of 399 companies
in the Insurance industry
Industry Median: 3.68 vs STU:NCL: 6.00

New China Life Insurance Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.28.

During the past 13 years, the highest Dividend Payout Ratio of New China Life Insurance Co was 0.46. The lowest was 0.07. And the median was 0.21.

As of today (2024-12-12), the Forward Dividend Yield % of New China Life Insurance Co is 6.00%.

New China Life Insurance Co's Dividends per Share for the three months ended in Sep. 2024 was €0.11.

During the past 12 months, New China Life Insurance Co's average Dividends Per Share Growth Rate was -21.30% 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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


New China Life Insurance Co Dividend Yield % Historical Data

The historical data trend for New China Life Insurance Co'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.

New China Life Insurance Co Dividend Yield % Chart

New China Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.64 5.48 7.88 9.32 8.09

New China Life Insurance Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.25 8.09 8.54 7.91 4.03

Competitive Comparison of New China Life Insurance Co's Dividend Yield %

For the Insurance - Life subindustry, New China Life Insurance Co'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.


New China Life Insurance Co's Dividend Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, New China Life Insurance Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where New China Life Insurance Co's Dividend Yield % falls into.



New China Life Insurance Co Dividend Yield % Calculation

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
HKD 0.5895442024-11-142024-11-182024-11-29Cash Dividendsemi-annuallyHKD:EUR 0.121048
HKD 0.9315842024-07-112024-07-132024-08-09Cash DividendannuallyHKD:EUR 0.118028

* 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.181316118464/3.02
=6.00 %

Current Share Price is €3.02.
New China Life Insurance Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.181316118464.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.142726244224/3.02
=4.73 %

Current Share Price is €3.02.
New China Life Insurance Co's Dividends per Share for the forward twelve months is calculated as €0.071363122112 * 2 = €0.142726244224.

* 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  (STU:NCL) 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.


New China Life Insurance Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of New China Life Insurance Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


New China Life Insurance Co Business Description

Traded in Other Exchanges
Address
A12 Jianguomenwai Avenue, New China Insurance Tower, Chaoyang District, Beijing, CHN, 100022
New China Life Insurance, or NCI, was headquartered in Beijing and 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 Headlines

From GuruFocus