Pacific Basin Shipping Dividends and Buybacks
Dividend criteria checks 2/6
Pacific Basin Shipping is a dividend paying company with a current yield of 2.67% that is well covered by earnings. Next payment date is on 12th May, 2026 with an ex-dividend date of 28th April, 2026.
Key information
2.7%
Dividend yield
2.4%
Buyback Yield
| Total Shareholder Yield | 5.1% |
| Future Dividend Yield | 5.4% |
| Dividend Growth | 10.2% |
| Next dividend pay date | 12 May 26 |
| Ex dividend date | 28 Apr 26 |
| Dividend per share | n/a |
| Payout ratio | 88% |
Recent dividend and buyback updates
Recent updates
We Think That There Are More Issues For Pacific Basin Shipping (HKG:2343) Than Just Sluggish Earnings
Mar 27
New Fuel Efficient Fleet And Minor Bulk Demand Will Support Stronger Earnings Quality
Catalysts About Pacific Basin Shipping Pacific Basin Shipping operates one of the world's largest modern Handysize and Supramax dry bulk fleets, serving over 600 industrial cargo customers globally. What are the underlying business or industry changes driving this perspective?
Fleet Oversupply And Trade Shifts Will Pressure Earnings Despite Efficiency Upgrades
Catalysts About Pacific Basin Shipping Pacific Basin Shipping operates a large fleet of Handysize and Supramax dry bulk vessels focused on minor bulk and grain cargoes. What are the underlying business or industry changes driving this perspective?Is It Too Late To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
Feb 12There's Been No Shortage Of Growth Recently For Pacific Basin Shipping's (HKG:2343) Returns On Capital
Jan 26Some Shareholders Feeling Restless Over Pacific Basin Shipping Limited's (HKG:2343) P/E Ratio
Jan 07Is Now The Time To Look At Buying Pacific Basin Shipping Limited (HKG:2343)?
Nov 07Getting In Cheap On Pacific Basin Shipping Limited (HKG:2343) Might Be Difficult
Sep 24The Return Trends At Pacific Basin Shipping (HKG:2343) Look Promising
Jul 15Pacific Basin Shipping Limited (HKG:2343) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Jun 23These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Reasonably Well
May 13Shareholders May Be Wary Of Increasing Pacific Basin Shipping Limited's (HKG:2343) CEO Compensation Package
Apr 18Pacific Basin Shipping Limited's (HKG:2343) Shares Lagging The Market But So Is The Business
Apr 08Investors Shouldn't Be Too Comfortable With Pacific Basin Shipping's (HKG:2343) Earnings
Mar 21
Freight Rate Improvements Will Boost Earnings In 2025, But Oversupply May Pose Challenges
Strategic fleet renewal and energy-efficient vessels aim to enhance operating efficiencies and reduce costs, potentially boosting net margins.There's Been No Shortage Of Growth Recently For Pacific Basin Shipping's (HKG:2343) Returns On Capital
Feb 06Market Participants Recognise Pacific Basin Shipping Limited's (HKG:2343) Earnings
Dec 24When Should You Buy Pacific Basin Shipping Limited (HKG:2343)?
Oct 07Investors Interested In Pacific Basin Shipping Limited's (HKG:2343) Earnings
Sep 20There May Be Reason For Hope In Pacific Basin Shipping's (HKG:2343) Disappointing Earnings
Aug 30Pacific Basin Shipping's (HKG:2343) Returns On Capital Are Heading Higher
Jun 12Is It Too Late To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
May 28Pacific Basin Shipping Limited's (HKG:2343) P/S Is Still On The Mark Following 30% Share Price Bounce
May 09Shareholders May Not Be So Generous With Pacific Basin Shipping Limited's (HKG:2343) CEO Compensation And Here's Why
Apr 12Earnings Miss: Pacific Basin Shipping Limited Missed EPS By 22% And Analysts Are Revising Their Forecasts
Mar 04Is It Time To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
Feb 13Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger
Jan 26Pacific Basin Shipping (HKG:2343) Has A Pretty Healthy Balance Sheet
Dec 11Are Investors Undervaluing Pacific Basin Shipping Limited (HKG:2343) By 41%?
Nov 28Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger
Oct 20These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Reasonably Well
Aug 27Is It Too Late To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
Aug 11Pacific Basin Shipping (HKG:2343) Is Achieving High Returns On Its Capital
May 16We Think Pacific Basin Shipping (HKG:2343) Can Stay On Top Of Its Debt
Apr 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2343 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2343's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Pacific Basin Shipping Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2343) | 2.7% |
| Market Bottom 25% (HK) | 2.8% |
| Market Top 25% (HK) | 6.9% |
| Industry Average (Shipping) | 7.5% |
| Analyst forecast (2343) (up to 3 years) | 5.4% |
Notable Dividend: 2343's dividend (2.67%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.8%).
High Dividend: 2343's dividend (2.67%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.93%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.8%), 2343's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.1%), 2343's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/02 09:44 |
| End of Day Share Price | 2026/04/02 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Pacific Basin Shipping Limited is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jonathan Windham | Barclays |
| Nathan Gee | BofA Global Research |
| Nathan Gee | BofA Global Research |