SHSE:601336's Forward Dividend Yield % is ranked better than 88.89% of 387
companies
in the Insurance industry
Industry Median: 3.77
vs SHSE:601336: 3.31
During the past 12 months, New China Life Insurance Co's average Dividends Per Share Growth Rate was -25.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -8.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 17.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of New China Life Insurance Co was 47.40% per year. The lowest was -8.50% per year. And the median was 37.05% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of New China Life Insurance Co's Forward Dividend Yield %
For the Insurance - Life subindustry, New China Life Insurance Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
New China Life Insurance Co's Forward Dividend Yield % Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, New China Life Insurance Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where New China Life Insurance Co's Forward Dividend Yield % falls into.
New China Life Insurance Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
New China Life Insurance Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 1.080000
2023-08-10
2023-08-09
2023-08-10
Cash Dividend
annually
CNY:CNY 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
New China Life Insurance Co (SHSE:601336) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
New China Life Insurance Co Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of New China Life Insurance Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
New China Life Insurance Co (SHSE:601336) Business Description
Headquartered in Beijing, New China Life Insurance, or NCI, was founded by SOEs and private firms in 1996. The company is the fourth-largest life insurer in China in terms of total assets. Huijin Investment, the government's investment company owns 31% shares of New China Life. The company was listed on the Hong Kong and Shanghai Stock Exchanges in 2011. New China Life offers comprehensive life insurance products and services to individual customers and institutional customers through nationwide distributional networks and diversified marketing channels, manages and deploys insurance funds through its subsidiaries, including Asset Management Company and Asset Management Company (Hong Kong).
New China Life Insurance Co (SHSE:601336) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SHSE:601336 has been successfully added to your