Sunshine Insurance Group Company Limited engages in the provision of insurance products in China. It provides life insurance products; property and casualty insurance products comprising automobile insurance, accident insurance, short-term health insurance, guarantee insurance, liability insurance, agriculture insurance, and commercial property insurance. The company was formerly known as Sunshine Insurance Holdings Co., Ltd. and changed its name to Sunshine Insurance Group Company Limited in 2007. Sunshine Insurance Group Company Limited was founded in 2004 and is based in Shenzhen, China.
Sunshine Insurance Dividend Announcement
• Sunshine Insurance announced a annually dividend of HK$0.20 per ordinary share which will be made payable on . Ex dividend date: 2024-05-22
• Sunshine Insurance annual dividend for 2024 was HK$0.20
• Sunshine Insurance annual dividend for 2023 was HK$0.20
• Sunshine Insurance's trailing twelve-month (TTM) dividend yield is 5.94%
• Sunshine Insurance's payout ratio for the trailing twelve months (TTM) is 50.80%
Sunshine Insurance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-22 | HK$0.20 | annually | |
2023-05-31 | HK$0.20 | annually |
Sunshine Insurance Dividend per year
Sunshine Insurance Dividend Yield
Sunshine Insurance current trailing twelve-month (TTM) dividend yield is 5.94%. Interested in purchasing Sunshine Insurance stock? Use our calculator to estimate your expected dividend yield:
Sunshine Insurance Financial Ratios
Sunshine Insurance Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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