CSSC (Hong Kong) Shipping Dividends and Buybacks
Dividend criteria checks 3/6
CSSC (Hong Kong) Shipping is a dividend paying company with a current yield of 7.55% that is well covered by earnings.
Key information
7.5%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 7.3% |
| Future Dividend Yield | 10.1% |
| Dividend Growth | 3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.120 |
| Payout ratio | 34% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3LL has been paying a dividend for less than 10 years.
Growing Dividend: 3LL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| CSSC (Hong Kong) Shipping Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3LL) | 7.5% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Diversified Financial) | 2.6% |
| Analyst forecast (3LL) (up to 3 years) | 10.1% |
Notable Dividend: 3LL's dividend (7.55%) is higher than the bottom 25% of dividend payers in the German market (1.71%).
High Dividend: 3LL's dividend (7.55%) is in the top 25% of dividend payers in the German market (4.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.4%), 3LL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3LL is paying a dividend but the company has no free cash flows.