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China Taiping Insurance Holdings Co (HKSE:00966) 3-Year Dividend Growth Rate : -4.70% (As of Dec. 2023)


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What is China Taiping Insurance Holdings Co 3-Year Dividend Growth Rate?

China Taiping Insurance Holdings Co's Dividends per Share for the six months ended in Dec. 2023 was HK$0.26.

The historical rank and industry rank for China Taiping Insurance Holdings Co's 3-Year Dividend Growth Rate or its related term are showing as below:

HKSE:00966' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -40.4   Med: 44.2   Max: 66.3
Current: -4.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Taiping Insurance Holdings Co was 66.30% per year. The lowest was -40.40% per year. And the median was 44.20% per year.

HKSE:00966's 3-Year Dividend Growth Rate is ranked worse than
80.25% of 243 companies
in the Insurance industry
Industry Median: 6.1 vs HKSE:00966: -4.70

During the past 12 months, China Taiping Insurance Holdings Co's average Dividends Per Share Growth Rate was -43.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -4.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 31.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

China Taiping Insurance Holdings Co's Dividend Payout Ratio for the six months ended in Dec. 2023 was 2.00. As of today, China Taiping Insurance Holdings Co's Dividend Yield % is 3.51%.

Warning Sign:

China Taiping Insurance Holdings Co Ltd stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of China Taiping Insurance Holdings Co's 3-Year Dividend Growth Rate

For the Insurance - Life subindustry, China Taiping Insurance Holdings Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


China Taiping Insurance Holdings Co's 3-Year Dividend Growth Rate Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Taiping Insurance Holdings Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where China Taiping Insurance Holdings Co's 3-Year Dividend Growth Rate falls into.



China Taiping Insurance Holdings Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


China Taiping Insurance Holdings Co  (HKSE:00966) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

China Taiping Insurance Holdings Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.26/ 0.13
=2.00

During the past 13 years, the highest Dividend Payout Ratio of China Taiping Insurance Holdings Co was 0.38. The lowest was 0.04. And the median was 0.16.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

China Taiping Insurance Holdings Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.2600002023-07-102023-07-122023-07-21Cash DividendannuallyHKD:HKD 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.

China Taiping Insurance Holdings Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.26/7.62
=3.41 %

Current Share Price is HK$7.62.
China Taiping Insurance Holdings Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.26.

During the past 13 years, the highest Dividend Yield of China Taiping Insurance Holdings Co was 7.27%. The lowest was 0.29%. And the median was 1.97%.

Warning Sign:

China Taiping Insurance Holdings Co Ltd stock dividend yield is close to 2-year low.

* 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.


China Taiping Insurance Holdings Co 3-Year Dividend Growth Rate Related Terms>


China Taiping Insurance Holdings Co (HKSE:00966) Business Description

Traded in Other Exchanges
Address
18 King Wah Road, 25th Floor, North Point, Hong Kong, HKG
China Taiping Insurance Holdings Co Ltd is a holding company, which through its subsidiaries, sells insurance products and offers a variety of investment management services. The company sells life, property and casualty, reinsurance, and pension insurance products. The firm also operates asset management and real estate management services. The majority of China Taiping Insurance's income is derived from life insurance, with the People's Republic of China contributing the largest portion of company revenue. The Group consists of business segments: the life insurance business, property and casualty insurance business, Pension and group life insurance business, reinsurance business and Others. Majority of revenue is generated from the life insurance business.

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