China Taiping Dividend yield




   HKD/share 
 Price  11.84
 Dividend  0.40
 Earnings  1.82
 Cash-flow  39.47
 Book value  23.68
 Equity  20.92

China Taiping is part of Life Insurance business, which is part of Financials industry. China Taiping is a company from China, and his stocks are publicly traded.

China Taiping paid a total dividend of 1,438 million HKD last year, for a market value of 42,553 millions (Market Cap 17,174 millions). Dividend per share of China Taiping is 0.40 HKD, and his stock market price 11.84 HKD.

According to the chart below, where dividend yield is displayed, China Taiping has a dividend yield of 3.38%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare China Taiping dividend yield with other Life Insurance companies or firms from China.

Dividend yield of China Taiping

China Taiping Dividend Payout

About the ability of China Taiping to maintain his current dividend of HKD 0.40 per share, an amount that accounts for 3.38%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Taiping payout on ernings is currently 21.98%, which is lower than the market average and companies of Financials industry, which are 39.27% and 39.00% respectively. Both figures lead us to believe that there is confidence that China Taipingcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of China Taiping is HKD 39.47 per share, which is higher than the dividend per share paid by the company of HKD 0.40, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of China Taiping, compared againt world market average, China companies, Financials industry and Life Insurance sector companies.

China Taiping payout

China Taiping Dividend History

Year Yield  HKD  Paypout  Shares* 
Present3.38%0.4021.98%3,594
20202.15%0.3012.24%3,594
20190.52%0.105.43%3,594
20180.47%0.106.10%3,594
20170.34%0.107.94%3,594
20160.00%0.000.00%3,594
20150.00%0.000.00%3,594

*In millions

China Taiping Stock performance

Finally, last moth China Taiping showed a return of 4.20% compared to a worldwide -1.33% average, and a -1.33% of Financials firms. Over the last year, the company obtained a 0.50% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for China and Life Insurance firms.

China Taiping stock and market return