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Sunshine Insurance Group Co (HKSE:06963) Dividend Yield % : 7.51% (As of May. 17, 2024)


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What is Sunshine Insurance Group Co Dividend Yield %?

As of today (2024-05-17), the Trailing Annual Dividend Yield of Sunshine Insurance Group Co is 7.51%.

Good Sign:

Sunshine Insurance Group Co Ltd stock dividend yield is close to 1-year high.

The historical rank and industry rank for Sunshine Insurance Group Co's Dividend Yield % or its related term are showing as below:

HKSE:06963' s Dividend Yield % Range Over the Past 10 Years
Min: 4.55   Med: 6.33   Max: 8.15
Current: 7.51

During the past 5 years, the highest Dividend Yield of Sunshine Insurance Group Co was 8.15%. The lowest was 4.55%. And the median was 6.33%.

HKSE:06963's Dividend Yield % is ranked better than
92.41% of 395 companies
in the Insurance industry
Industry Median: 3.54 vs HKSE:06963: 7.51

Sunshine Insurance Group Co's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

During the past 5 years, the highest Dividend Payout Ratio of Sunshine Insurance Group Co was 0.57. The lowest was 0.56. And the median was 0.57.

As of today (2024-05-17), the Forward Dividend Yield % of Sunshine Insurance Group Co is 7.51%.

Sunshine Insurance Group Co's Dividends per Share for the six months ended in Dec. 2023 was HK$0.00.

The growth rate is calculated with least square regression.

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


Sunshine Insurance Group Co Dividend Yield % Historical Data

The historical data trend for Sunshine Insurance Group Co's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Sunshine Insurance Group Co Dividend Yield % Chart

Sunshine Insurance Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
- - - - 4.59

Sunshine Insurance Group Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial - - - 4.52 4.59

Competitive Comparison of Sunshine Insurance Group Co's Dividend Yield %

For the Insurance - Diversified subindustry, Sunshine Insurance Group Co's Dividend Yield %, along with its competitors' market caps and 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.


Sunshine Insurance Group Co's Dividend Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Sunshine Insurance Group Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sunshine Insurance Group Co's Dividend Yield % falls into.



Sunshine Insurance Group Co Dividend Yield % Calculation

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

Sunshine Insurance Group Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.1998242023-05-312023-06-022023-07-28Cash 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.

Sunshine Insurance Group Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.199824/2.66
=7.51 %

Current Share Price is HK$2.66.
Sunshine Insurance Group Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.199824.

Sunshine Insurance Group Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.199824/2.66
=7.51 %

Current Share Price is HK$2.66.
Sunshine Insurance Group Co's Dividends per Share for the forward twelve months is calculated as HK$0.199824 * 1 = HK$0.199824.

* 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.


Sunshine Insurance Group Co  (HKSE:06963) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Sunshine Insurance Group Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Sunshine Insurance Group Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sunshine Insurance Group Co (HKSE:06963) Business Description

Traded in Other Exchanges
N/A
Address
No. 7002, Hongli West Road, 17th Floor, Block A First World Plaza, Futian District, Shenzhen, CHN, 518034
Website
Sunshine Insurance Group Co Ltd is mainly engaged in the insurance business. The company has three operating segments; The life insurance segment offers a wide range of life insurance products mainly by Sunshine Life, The property and casualty insurance segment offers a wide range of property and casualty insurance products mainly by Sunshine P&C and Sunshine Surety, and Other businesses segment mainly provides corporation management and assets management services. It derives a majority of its revenue from the Life insurance segment.

Sunshine Insurance Group Co (HKSE:06963) Headlines

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