COSCO SHIPPING Ports Dividends and Buybacks
Dividend criteria checks 3/6
COSCO SHIPPING Ports is a dividend paying company with a current yield of 6.63% that is well covered by earnings. Last payment was on 21st November, 2024 with an ex-dividend date of 11th September, 2024.
Key information
6.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 7.6% |
| Dividend Growth | 7.0% |
| Next dividend pay date | 21 Nov 24 |
| Ex dividend date | 11 Sep 24 |
| Dividend per share | €0.0352 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CTH's dividend payments have been volatile in the past 10 years.
Growing Dividend: CTH's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| COSCO SHIPPING Ports Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CTH) | 6.6% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Infrastructure) | 3.7% |
| Analyst forecast (CTH) (up to 3 years) | 7.6% |
Notable Dividend: CTH's dividend (6.63%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: CTH's dividend (6.63%) is in the top 25% of dividend payers in the German market (4.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.8%), CTH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (234%), CTH's dividend payments are not well covered by cash flows.