08-31-2023
HKD/share | |
Price | 17.96 |
Dividend | 1.10 |
Earnings | 2.85 |
Cash-flow | 16.33 |
Book value | 25.66 |
Equity | 24.15 |
China Pacific Insura is part of Life Insurance business, which is part of Financials industry. China Pacific Insura is a company from China, and his stocks are publicly traded.
China Pacific Insura stock dividend
China Pacific Insura paid a total dividend of 3,053 million HKD last year, for a market value of 49,839 millions (Market Cap 46,350 millions). China Pacific Insura dividend per share is 1.10 HKD, and his stock market price 17.96 HKD.
According to the chart below, where dividend yield is displayed, China Pacific Insura has a dividend yield of 6.11%, 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 Pacific Insura stocks dividend with other Life Insurance companies or other of the best China dividend stocks list.
China Pacific Insura Dividend Payout
About the ability of China Pacific Insura to maintain his current dividend of HKD 1.10 per share, an amount that accounts for 6.11%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Pacific Insura payout on ernings is currently 38.60%, 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 China Pacific Insuracan 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 Pacific Insura is HKD 16.33 per share, which is higher than the dividend per share paid by the company of HKD 1.10, 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 Pacific Insura, compared againt world market average, China companies, Financials industry and Life Insurance sector companies.
China Pacific Insura Dividend History
Below you will find a table with the historical evolution of China Pacific Insura'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 | 6.11% | 1.10 | 38.60% | 2,775 |
2022 | 6.46% | 1.12 | 34.78% | 2,775 |
2021 | 6.94% | 1.47 | 43.11% | 2,775 |
2020 | 4.33% | 1.31 | 35.41% | 2,775 |
2019 | 3.64% | 1.12 | 48.91% | 2,775 |
2018 | 3.60% | 0.91 | 47.64% | 2,775 |
2017 | 2.14% | 0.80 | 48.48% | 2,775 |
2016 | 3.91% | 1.18 | 55.66% | 2,775 |
2015 | 1.90% | 0.61 | 42.36% | 2,775 |
*In millions
Then you can see the evolution of China Pacific Insura dividend stock, and compare it with the average of China stocks and that of the Life Insurance stocks.
China Pacific Insura Stock performance
Finally, last moth China Pacific Insura showed a return of -14.10% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 7.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Life Insurance firms.