PICC Property & Casu Dividend yield




   HKD/share 
 Price  6.74
 Dividend  0.50
 Earnings  1.14
 Cash-flow  1.64
 Book value  8.43
 Equity  9.19

PICC Property & Casu is part of Nonlife Insurance business, which is part of Financials industry. PICC Property & Casu is a company from China, and his stocks are publicly traded.

PICC Property & Casu paid a total dividend of 11,122 million HKD last year, for a market value of 149,918 millions (Market Cap 45,350 millions). Dividend per share of PICC Property & Casu is 0.50 HKD, and his stock market price 6.74 HKD.

According to the chart below, where dividend yield is displayed, PICC Property & Casu has a dividend yield of 7.48%, 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 PICC Property & Casu dividend yield with other Nonlife Insurance companies or firms from China.

Dividend yield of PICC Property & Casu

PICC Property & Casu Dividend Payout

About the ability of PICC Property & Casu to maintain his current dividend of HKD 0.50 per share, an amount that accounts for 7.48%, we should study its payout ratio both on earnings and on cash-flows (see chart below). PICC Property & Casu payout on ernings is currently 43.86%, which is higher than the market average, and companies of Financials industry, which are 38.16% and 41.40% respectively. Both figures show that PICC Property & Casu 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 PICC Property & Casu is HKD 1.64 per share, which is higher than the dividend per share paid by the company of HKD 0.50, so the company generates enough cash to maintain his dividend in the future.

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

PICC Property & Casu payout

PICC Property & Casu Dividend History

Year Yield  HKD  Paypout  Shares* 
Present7.48%0.5043.86%22,243
20208.59%0.5038.46%22,243
20193.24%0.3038.46%22,243
20183.21%0.2625.74%22,243
20172.36%0.3523.97%14,829
20162.76%0.3621.56%14,829
20153.54%0.6048.39%14,829

*In millions

PICC Property & Casu Stock performance

Finally, last moth PICC Property & Casu showed a return of 14.80% compared to a worldwide 4.25% average, and a 4.06% of Financials firms. Over the last year, the company obtained a -10.10% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for China and Nonlife Insurance firms.

PICC Property & Casu stock and market return