Dongbu Insurance Dividend yield

Dongbu Insurance is part of Nonlife Insurance business, which is part of Financials industry. Dongbu Insurance is a company from Korea, and his stocks are publicly traded.

Dongbu Insurance stock dividend

Dongbu Insurance paid a total dividend of 275,983 million KRW last year, for a market value of 4,902,000 millions (Market Cap 3,623,731 millions). Dongbu Insurance dividend per share is 4,599.71 KRW, and his stock market price 81,700.00 KRW.

According to the chart below, where dividend yield is displayed, Dongbu Insurance has a dividend yield of 5.63%, which is higher than the amount offered by both the market average and companies from Korea. 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 Dongbu Insurance stocks dividend with other Nonlife Insurance companies or other of the high Korea dividend stocks list.

Dongbu Insurance Dividend Payout

About the ability of Dongbu Insurance to maintain his current dividend of KRW 4599.71 per share, an amount that accounts for 5.63%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Dongbu Insurance payout on ernings is currently 27.02%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Dongbu Insurancecan 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 Dongbu Insurance is KRW 43,000.00 per share, which is higher than the dividend per share paid by the company of KRW 4,599.71, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Dongbu Insurance, compared againt world market average, Korea companies, Financials industry and Nonlife Insurance sector companies.

Dongbu Insurance Dividend History

Below you will find a table with the historical evolution of Dongbu Insurance's dividend stock, both in percentage and in KRW, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	KRW	Paypout	Shares*
Present	5.63%	4,599.71	27.02%	60
2022	5.36%	3,500.08	23.05%	60
2021	4.07%	2,197.80	21.98%	60
2020	3.43%	1,500.63	21.61%	60
2019	3.82%	1,997.86	20.63%	63
2018	3.27%	2,302.08	19.62%	63
2017	2.32%	1,651.84	17.17%	63
2016	2.12%	1,547.60	18.87%	63
2015	2.33%	1,446.93	18.41%	63

*In millions

Then you can see the evolution of Dongbu Insurance dividend stock, and compare it with the average of Korea stocks and that of the Nonlife Insurance stocks.

Dongbu Insurance Stock performance

Finally, last moth Dongbu Insurance showed a return of 8.20% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 36.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Korea and Nonlife Insurance firms.