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 | 22.6% |
| 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
Stability 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) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| 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 (0.55%).
High Dividend: 002401's dividend (1.1%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
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.