COSCO SHIPPING Holdings Dividend
Dividend criteria checks 3/6
COSCO SHIPPING Holdings is a dividend paying company with a current yield of 3.52% that is well covered by earnings.
Key information
3.5%
Dividend yield
51%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.47 |
Dividend yield forecast in 3Y | 4.0% |
Recent dividend 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 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 (C6G0) | 3.5% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Shipping) | 5.4% |
Analyst forecast in 3 Years (C6G0) | 4.0% |
Notable Dividend: C6G0's dividend (3.52%) is higher than the bottom 25% of dividend payers in the German market (1.6%).
High Dividend: C6G0's dividend (3.52%) is low compared to the top 25% of dividend payers in the German market (4.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.7%), C6G0's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.6%), C6G0's dividend payments are covered by cash flows.