COSCO SHIPPING Holdings Dividends and Buybacks
Dividend criteria checks 4/6
COSCO SHIPPING Holdings is a dividend paying company with a current yield of 7.19% that is well covered by earnings.
Key information
7.2%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 7.8% |
| Future Dividend Yield | 5.5% |
| Dividend Growth | -21.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.105 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: C6G0 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: C6G0 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| COSCO SHIPPING Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (C6G0) | 7.2% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Shipping) | 6.3% |
| Analyst forecast (C6G0) (up to 3 years) | 5.5% |
Notable Dividend: C6G0's dividend (7.19%) is higher than the bottom 25% of dividend payers in the German market (1.74%).
High Dividend: C6G0's dividend (7.19%) 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 (30.2%), C6G0's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.6%), C6G0's dividend payments are well covered by cash flows.