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China Life Insurance raises cash dividend for 2015

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China Life Insurance raises cash dividend for 2015

China LifeInsurance Co. Ltd.'s board proposed to pay a cash dividend of 60New Taiwan cents per share for 2015, up from 40 cents per share in theprior year.

The company said March 24 that it also proposed a stockdividend of 40 cents per share, down from NT$1 per share in the prior year. Assuch, the company's total dividend for 2015 is NT$1 per share, down from a2014's total dividend of NT$1.40 per share.

As of March 25, US$1was equivalent to NT$32.56.