COSCO SHIPPING Development Co., Ltd.

XSSC:601866 Stock Report

Market Cap: CN¥29.1b

COSCO SHIPPING Development Dividends and Buybacks

Dividend criteria checks 3/6

COSCO SHIPPING Development is a dividend paying company with a current yield of 4.08% that is well covered by earnings.

Key information

4.0%

Dividend yield

-0.1%

Buyback Yield

Total Shareholder Yield3.9%
Future Dividend Yieldn/a
Dividend Growth2.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.038
Payout ratio44%

Recent dividend and buyback updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 601866 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 601866's dividend payments have increased, but the company has only paid a dividend for 6 years.


Dividend Yield vs Market

COSCO SHIPPING Development Dividend Yield vs Market
How does 601866 dividend yield compare to the market?
SegmentDividend Yield
Company (601866)4.0%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Trade Distributors)3.0%
Analyst forecast (601866) (up to 3 years)n/a

Notable Dividend: 601866's dividend (4.08%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 601866's dividend (4.08%) is in the top 25% of dividend payers in the CN market (2.17%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43.6%), 601866's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 601866 is paying a dividend but the company has no free cash flows.


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