COSCO SHIPPING Technology Dividends and Buybacks
Dividend criteria checks 3/6
COSCO SHIPPING Technology is a dividend paying company with a current yield of 1.1% that is well covered by earnings.
Key information
1.1%
Dividend yield
0.02%
Buyback Yield
| Total Shareholder Yield | 1.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 22.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.180 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
We Think That There Are More Issues For COSCO SHIPPING Technology (SZSE:002401) Than Just Sluggish Earnings
Nov 05
COSCO SHIPPING Technology Co., Ltd.'s (SZSE:002401) 33% Share Price Surge Not Quite Adding Up
Sep 30COSCO SHIPPING Technology Co., Ltd. (SZSE:002401) Investors Are Less Pessimistic Than Expected
Jun 26Slowing Rates Of Return At COSCO SHIPPING Technology (SZSE:002401) Leave Little Room For Excitement
May 25COSCO SHIPPING Technology (SZSE:002401) Strong Profits May Be Masking Some Underlying Issues
May 03COSCO SHIPPING Technology Co., Ltd.'s (SZSE:002401) Shares Climb 28% But Its Business Is Yet to Catch Up
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002401's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002401's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| COSCO SHIPPING Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002401) | 1.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (IT) | 0.8% |
| Analyst forecast (002401) (up to 3 years) | n/a |
Notable Dividend: 002401's dividend (1.1%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 002401's dividend (1.1%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.8%), 002401's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002401 is paying a dividend but the company has no free cash flows.