COSCO SHIPPING Holdings Dividend
Dividend criteria checks 3/6
COSCO SHIPPING Holdings is a dividend paying company with a current yield of 5.23% that is well covered by earnings.
Key information
5.2%
Dividend yield
50%
Payout ratio
Industry average yield | 6.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.50 |
Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: C6G has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: C6G has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
COSCO SHIPPING Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (C6G) | 5.2% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Shipping) | 6.0% |
Analyst forecast in 3 Years (C6G) | 5.3% |
Notable Dividend: C6G's dividend (5.23%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: C6G's dividend (5.23%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50%), C6G's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.7%), C6G's dividend payments are not well covered by cash flows.