PICC Property and Casualty Company Limited, together with its subsidiaries, operates as a property and casualty insurance company in the People's Republic of China. It operates through Motor Vehicle; Commercial Property; Cargo; Liability; Accidental Injury and Health; Agriculture; Credit and Surety; and Others segments. The company offers accidental injury and medical expenses, short-term health, homeowners, special risk, marine hull, construction, and other insurance products. It also provides reinsurance, investment and funds application, insurance and claim handling agency, training, information technology and business, and property management services. The company was incorporated in 2003 and is based in Beijing, China. PICC Property and Casualty Company Limited is a subsidiary of The People's Insurance Company (Group) of China Limited.
PICC Property and Casualty Dividend Announcement
• PICC Property and Casualty announced a semi annually dividend of $0.59 per ordinary share which will be made payable on 2025-10-10. Ex dividend date: 2024-11-01
• PICC Property and Casualty annual dividend for 2024 was $2.27
• PICC Property and Casualty annual dividend for 2023 was $1.70
• PICC Property and Casualty's trailing twelve-month (TTM) dividend yield is 1.1%
• PICC Property and Casualty's payout ratio for the trailing twelve months (TTM) is 46.59%
• PICC Property and Casualty's dividend growth over the last five years (2018-2023) was -3.34% year
• PICC Property and Casualty's dividend growth over the last ten years (2013-2023) was -6.29% year
PICC Property and Casualty Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-01 | $0.59 | semi annually | 2025-10-10 |
2024-07-08 | $1.69 | semi annually | 2024-08-26 |
2023-06-26 | $1.70 | semi annually | 2023-08-11 |
2022-06-23 | $1.52 | semi annually | 2022-08-15 |
2021-06-22 | $1.46 | semi annually | 2021-08-13 |
2020-06-26 | $1.63 | semi annually | 2020-09-04 |
2019-06-25 | $0.99 | semi annually | 2019-08-27 |
2018-06-26 | $2.02 | semi annually | 2018-09-05 |
2017-06-26 | $1.69 | semi annually | 2017-09-05 |
2016-06-27 | $1.76 | semi annually | 2016-09-02 |
2015-06-30 | $1.66 | semi annually | 2015-09-11 |
2014-12-18 | $2.63 | semi annually | |
2014-06-30 | $1.35 | semi annually | 2014-09-05 |
2013-09-05 | $1.48 | semi annually | 2013-11-25 |
2013-06-20 | $1.78 | semi annually |
PICC Property and Casualty Dividend per year
PICC Property and Casualty Dividend growth
PICC Property and Casualty Dividend Yield
PICC Property and Casualty current trailing twelve-month (TTM) dividend yield is 1.1%. Interested in purchasing PICC Property and Casualty stock? Use our calculator to estimate your expected dividend yield:
PICC Property and Casualty Financial Ratios
PICC Property and Casualty Dividend FAQ
Other factors to consider when evaluating PICC Property and Casualty 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: PICC Property and Casualty'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, PICC Property and Casualty 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, PICC Property and Casualty 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 PICC Property and Casualty 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: PICC Property and Casualty 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, PICC Property and Casualty distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: PICC Property and Casualty 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 PICC Property and Casualty'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 PICC Property and Casualty'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.