Peoples Insurance C Dividend yield

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

Peoples Insurance C stock dividend

Peoples Insurance C paid a total dividend of 2,967 million HKD last year, for a market value of 23,298 millions (Market Cap 21,899 millions). Peoples Insurance C dividend per share is 0.34 HKD, and his stock market price 2.67 HKD.

According to the chart below, where dividend yield is displayed, Peoples Insurance C has a dividend yield of 12.61%, 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 Peoples Insurance C stocks dividend with other Nonlife Insurance companies or other of the high China dividend stocks list.

Peoples Insurance C Dividend Payout

About the ability of Peoples Insurance C to maintain his current dividend of HKD 0.34 per share, an amount that accounts for 12.61%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Peoples Insurance C payout on ernings is currently 52.31%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Peoples Insurance C can have problems to keep with his present dividend yield.

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 Peoples Insurance C is HKD 2.97 per share, which is higher than the dividend per share paid by the company of HKD 0.34, so the company generates enough cash to maintain his dividend in the future.

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

Peoples Insurance C Dividend History

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

Year	Yield	HKD	Paypout	Shares*
Present	12.61%	0.34	52.31%	8,726
2022	7.11%	0.18	30.51%	8,726
2021	6.98%	0.16	27.12%	8,726
2020	6.86%	0.17	26.98%	8,726
2019	1.58%	0.05	14.29%	8,726
2018	1.43%	0.05	11.36%	8,726
2017	1.05%	0.04	9.76%	42,424
2016	0.82%	0.03	5.77%	42,424
2015	0.29%	0.01	2.63%	42,424

*In millions

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

Peoples Insurance C Stock performance

Finally, last moth Peoples Insurance C showed a return of -10.70% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 9.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Nonlife Insurance firms.