Ping An (SHA:601318, HKG:2318) fixes FY12-14 div payout ratio at 15-30%

   Date:2012/07/26

Ping An Insurance (Group) Company of China (SHA:601318, HKG:2318) announced the profit distribution plan of the company for 2012-2014. The cash dividend to be paid for each profitable fiscal year will be fixed at 15% - 30% of the audited net profit attributable to shareholders (as determined in accordance with the PRC Accounting Standards or the International Financial Reporting Standards).

The cash dividend as a percentage of the net profit for the year attributable to shareholders for 2009-2011 were 24.45%, 24.29% and 16.26% respectively.

 

Source:chinesestock.org

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