New China Life Insur Dividend yield




   HKD/share 
 Price  30.10
 Dividend  1.54
 Earnings  5.47
 Cash-flow  43.00
 Book value  37.63
 Equity  34.84

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

New China Life Insur paid a total dividend of 1,592 million HKD last year, for a market value of 31,123 millions (Market Cap 26,262 millions). Dividend per share of New China Life Insur is 1.54 HKD, and his stock market price 30.10 HKD.

According to the chart below, where dividend yield is displayed, New China Life Insur has a dividend yield of 5.12%, 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 New China Life Insur dividend yield with other Life Insurance companies or firms from China.

Dividend yield of New China Life Insur

New China Life Insur Dividend Payout

About the ability of New China Life Insur to maintain his current dividend of HKD 1.54 per share, an amount that accounts for 5.12%, we should study its payout ratio both on earnings and on cash-flows (see chart below). New China Life Insur payout on ernings is currently 28.15%, which is lower than the market average and companies of Financials industry, which are 38.17% and 41.32% respectively. Both figures lead us to believe that there is confidence that New China Life Insurcan 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 New China Life Insur is HKD 43.00 per share, which is higher than the dividend per share paid by the company of HKD 1.54, so the company generates enough cash to maintain his dividend in the future.

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

New China Life Insur payout

New China Life Insur Dividend History

Year Yield  HKD  Paypout  Shares* 
Present5.12%1.5428.15%1,034
20205.10%1.5427.50%1,034
20192.62%0.8830.24%1,034
20182.02%0.6331.19%1,034
20171.03%0.5528.95%1,034
20160.84%0.3312.09%1,031
20150.79%0.2511.47%1,031

*In millions

New China Life Insur Stock performance

Finally, last moth New China Life Insur showed a return of 1.70% compared to a worldwide 4.24% average, and a 4.05% of Financials firms. Over the last year, the company obtained a 24.60% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for China and Life Insurance firms.

New China Life Insur stock and market return