Ping An Insurance Co. of China Ltd. (OTCMKTS:PNGAY) to Issue $0.22 Dividend

Ping An Insurance Co. of China Ltd. (OTCMKTS:PNGAY) announced a dividend on Friday, September 5th, investing.com reports. Investors of record on Friday, September 12th will be paid a dividend of 0.219 per share on Monday, November 3rd. This represents a dividend yield of 424.0%. The ex-dividend date is Thursday, September 11th.

Ping An Insurance Co. of China Stock Performance

Shares of Ping An Insurance Co. of China stock opened at $14.16 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.60. Ping An Insurance Co. of China has a twelve month low of $8.60 and a twelve month high of $15.80. The stock has a market cap of $128.93 billion, a price-to-earnings ratio of 7.74 and a beta of 0.36. The company’s fifty day moving average is $13.90 and its 200 day moving average is $12.62.

Ping An Insurance Co. of China (OTCMKTS:PNGAY) last issued its quarterly earnings data on Tuesday, August 26th. The company reported $0.63 earnings per share for the quarter. Ping An Insurance Co. of China had a net margin of 10.59% and a return on equity of 9.18%. The company had revenue of $40.08 billion for the quarter. Sell-side analysts forecast that Ping An Insurance Co. of China will post 2.12 EPS for the current year.

About Ping An Insurance Co. of China

Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for insurance, banking, asset management, and technology businesses in the People's Republic of China. The company operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Technology segments.