At the annual performance press conference for 2024 held on March 27, China's Life Insurance President Li Mingguang discussed dividends, stating that the company has always actively shared development achievements with all Shareholders. In 2024, the company will distribute a mid-term dividend for the first time, with an annual distribution of 0.6 yuan per share, resulting in a total dividend payout of 18.37 billion yuan, an increase of 51% compared to 2023. Li Mingguang noted that China Life Insurance strictly adheres to the relevant regulations on dividends for listed companies, considering the company's profit level and fluctuations, as well as its solvency, to better balance the overall interests of all Shareholders and the company's sustainable development. "We will consider the long-term characteristics of life insurance, analyze the volatility of profits and their reasons, and make certain smoothing adjustments to the dividend payout level. In summary, the company will continue to do a good job in dividend distribution and strengthen value management."
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中国人寿:会考虑寿险长期性特征 对派息水平做一定平滑处理
China Life Insurance will consider the long-term characteristics of life insurance and make certain smoothing adjustments to the dividend payout level.
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