Great Eastern dividend yield calculator – Great Eastern Holdings Ltd Declares 0.55 Cash Dividend

Dividends Yield

On April 1st, 2023, Great Eastern ($SGX:G07) Holdings Ltd declared a cash dividend of SGD 0.55 per share. This is slightly lower than the dividend of SGD 0.65 they have issued in the past three years, yielding an average of 3.17%. Therefore, if you are on the lookout for stocks that provide a steady stream of dividends, GREAT EASTERN could be an option worth considering.

The ex-dividend date for the dividend is set at April 26th, 2023. Investors who buy the stock before this date will qualify for the dividend payout.

Price History

This announcement came as the stock opened at SG$17.5 and closed at SG$17.6, up by 0.6% from the last closing price at SG$17.5. GREAT EASTERN has a long and distinguished track record of providing attractive, reliable dividends. This dividend is yet another testament to the company’s commitment to returning value to its shareholders. Furthermore, it reflects the strong financial performance of the company over the past year.

The announcement of this dividend comes as welcome news to shareholders, who will benefit from the appreciation in the stock’s value as well as the cash dividend payout. Those looking to invest in GREAT EASTERN can expect regular cash dividends as well as long-term capital growth. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Great Eastern. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Great Eastern. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Great Eastern. More…

Key Ratios Snapshot

Some of the financial key ratios for Great Eastern are shown below. More…

Analysis

We have conducted an analysis of GREAT EASTERN‘s fundamentals and found that GREAT EASTERN is strong in dividend, medium in growth and weak in asset and profitability. A quick look at the Star Chart shows that GREAT EASTERN is likely to be a “cow” type of company, which has the track record of paying out consistent and sustainable dividends. It has a high health score of 8/10 considering its cashflows and debt, indicating that it is capable to sustain future operations in times of crisis. The type of investors that may be interested in such company are those who are looking for a steady stream of dividend income over the long-term. They may also be attracted to the company’s relatively lower risk profile, as its cash flows and debt indicate that it is capable to withstand any future economic downturns. Additionally, investors who are looking for companies with strong fundamentals may be interested in GREAT EASTERN, given its dividend strength and high health score. More…

Peers

The company offers a range of life insurance products and services in Singapore, Malaysia, Indonesia, China, and Hong Kong. Great Eastern Holdings Ltd is a subsidiary of OCBC Bank. Mercuries Life Insurance Co Ltd is a life insurance company headquartered in Taiwan. The company offers a range of life insurance products and services in Taiwan, China, Hong Kong, and Macau. Genworth Financial Inc is a life insurance company headquartered in the United States. The company offers a range of life insurance products and services in the United States, Canada, Australia, New Zealand, and the United Kingdom. CIG Pannonia Life Insurance OJSC is a life insurance company headquartered in Hungary. The company offers a range of life insurance products and services in Hungary, Romania, Slovakia, and the Czech Republic.

– Mercuries Life Insurance Co Ltd ($TWSE:2867)

Mercuries Life Insurance Co Ltd has a market cap of 17.2B as of 2022. The company has a Return on Equity of -13.78%. Mercuries Life Insurance Co Ltd is a life insurance company. The company offers a range of life insurance products, including term life, whole life, and universal life insurance.

– Genworth Financial Inc ($NYSE:GNW)

Genworth Financial Inc is a holding company, which engages in the provision of insurance, investment, and mortgage solutions. It operates through the following segments: Insurance, Mortgage Insurance, Long-Term Care Insurance, and Corporate and Run-Off. The Insurance segment provides protection products, including life insurance, fixed annuities, and long-term care insurance. The Mortgage Insurance segment offers credit enhancement products primarily for the mortgage industry. The Long-Term Care Insurance segment provides policyholders with the flexibility to receive benefits in various ways to help them meet their long-term care needs. The Corporate and Run-Off segment includes results from corporate operations and other insurance businesses that are no longer actively marketed. The company was founded in 1871 and is headquartered in Richmond, VA.

– CIG Pannonia Life Insurance OJSC ($LTS:0P2E)

CIG Pannonia Life Insurance OJSC is a leading provider of life insurance products and services in Central and Eastern Europe. The company has a strong market presence in Hungary, Romania, and Bulgaria, and offers a wide range of life insurance products, including whole life, term life, and universal life insurance. CIG Pannonia Life Insurance OJSC has a market capitalization of 12.54 billion as of 2022 and a return on equity of 11.51%. The company is headquartered in Budapest, Hungary.

Summary

Investing in the Singapore-based company GREAT EASTERN has proven to be a reliable dividend stock in the last few years, offering an average yield of 3.17%. For each share, investors can expect to receive 0.65 SGD annually, providing a steady and consistent dividend income. This makes GREAT EASTERN an ideal choice for those seeking reliable dividends. The company has demonstrated its commitment to rewarding shareholders with a consistent dividend payment, making it a safe and secure investment option.