COSCO SHIPPING Specialized CarriersLtd Dividend
Dividend criteria checks 4/6
COSCO SHIPPING Specialized CarriersLtd is a dividend paying company with a current yield of 4.55% that is well covered by earnings.
Key information
4.6%
Dividend yield
52%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.248 |
| Earnings per share | CN¥0.47 |
| Dividend yield forecast in 3Y | 6.3% |
Recent dividend updates
No updates
Recent updates
A Look At The Intrinsic Value Of COSCO SHIPPING Specialized Carriers Co.,Ltd. (SHSE:600428)
Aug 14
Is COSCO SHIPPING Specialized CarriersLtd (SHSE:600428) Using Too Much Debt?
Jun 04We Think You Should Be Aware Of Some Concerning Factors In COSCO SHIPPING Specialized CarriersLtd's (SHSE:600428) Earnings
May 06There's Been No Shortage Of Growth Recently For COSCO SHIPPING Specialized CarriersLtd's (SHSE:600428) Returns On Capital
Mar 14Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600428) | 4.6% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Shipping) | 4.0% |
| Analyst forecast in 3 Years (600428) | 6.3% |
Notable Dividend: 600428's dividend (4.55%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 600428's dividend (4.55%) is in the top 25% of dividend payers in the CN market (2.74%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.4%), 600428's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.1%), 600428's dividend payments are well covered by cash flows.