The People's Insurance Company (Group) of China Limited, an investment holding company, engages in the insurance business in the People's Republic of China. It operates through Non-Life Insurance, Life Insurance, Health Insurance, Asset Management, and Others segments. The company offers property and casualty insurance products, including motor vehicle, commercial property, liability, credit, accidental injury and health, cargo, agricultural, and other insurance products. It also provides life insurance products comprising general life and health insurance, participating life insurance, universal life insurance, and accident insurance; and health insurance products, such as medical, illness, nursing care, accidental injury, disability losses, and participating endowment insurance products. In addition, the company engages in asset management, insurance agent, and reinsurance business, as well as offers integrated financial products and services. The People's Insurance Company (Group) of China Limited was founded in 1949 and is based in Beijing, the People's Republic of China.
People's Insurance of China Dividend Announcement
• People's Insurance of China announced a annually dividend of $0.44 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-07-22
• People's Insurance of China annual dividend for 2024 was $0.44
• People's Insurance of China annual dividend for 2023 was $0.47
• People's Insurance of China's trailing twelve-month (TTM) dividend yield is 0.65%
• People's Insurance of China's payout ratio for the trailing twelve months (TTM) is 74.57%
• People's Insurance of China's dividend growth over the last five years (2018-2023) was 30.04% year
People's Insurance of China Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-22 | $0.44 | annually | 2024-08-23 |
2023-06-30 | $0.47 | annually | 2023-08-11 |
2022-08-05 | $0.44 | annually | 2022-08-12 |
2021-11-05 | $0.05 | annually | 2022-01-06 |
2021-06-25 | $0.37 | annually | 2021-08-12 |
2020-11-13 | $0.09 | annually | 2021-01-05 |
2020-07-01 | $0.33 | annually | 2020-09-04 |
2019-07-24 | $0.13 | annually | 2019-09-03 |
2018-04-23 | $0.13 | annually | 2018-06-11 |
People's Insurance of China Dividend per year
People's Insurance of China Dividend growth
People's Insurance of China Dividend Yield
People's Insurance of China current trailing twelve-month (TTM) dividend yield is 0.65%. Interested in purchasing People's Insurance of China stock? Use our calculator to estimate your expected dividend yield:
People's Insurance of China Financial Ratios
People's Insurance of China Dividend FAQ
Other factors to consider when evaluating People's Insurance of China as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: People's Insurance of China's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, People's Insurance of China publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, People's Insurance of China distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from People's Insurance of China are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: People's Insurance of China sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, People's Insurance of China distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: People's Insurance of China declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of People's Insurance of China's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review People's Insurance of China's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.