COSCO SHIPPING Specialized CarriersLtd Dividend
Dividend criteria checks 4/6
COSCO SHIPPING Specialized CarriersLtd is a dividend paying company with a current yield of 3.93% that is well covered by earnings.
Key information
3.9%
Dividend yield
50%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.50 |
Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600428 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600428's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
COSCO SHIPPING Specialized CarriersLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600428) | 3.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Shipping) | 3.1% |
Analyst forecast in 3 Years (600428) | 5.4% |
Notable Dividend: 600428's dividend (3.93%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 600428's dividend (3.93%) is in the top 25% of dividend payers in the CN market (2.4%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50%), 600428's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.9%), 600428's dividend payments are covered by cash flows.