COSCO SHIPPING Development Co., Ltd.

XSSC:601866 Stock Report

Market Cap: CN¥28.5b

COSCO SHIPPING Development Dividend

Dividend criteria checks 3/6

COSCO SHIPPING Development is a dividend paying company with a current yield of 4.06% that is well covered by earnings.

Key information

4.1%

Dividend yield

57%

Payout ratio

Industry average yield3.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.038
Earnings per shareCN¥0.089
Future Dividend Yieldn/a

Recent dividend 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)4.1%
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 (4.06%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).

High Dividend: 601866's dividend (4.06%) is in the top 25% of dividend payers in the CN market (2.19%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (57.4%), 601866's dividend payments are 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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