COSCO SHIPPING Development Dividend
Dividend criteria checks 1/6
COSCO SHIPPING Development is a dividend paying company with a current yield of 3.31% that is well covered by earnings. Next payment date is on 30th July, 2024 with an ex-dividend date of 8th July, 2024.
Key information
3.3%
Dividend yield
30%
Payout ratio
| Industry average yield | 4.9% |
| Next dividend pay date | 30 Jul 24 |
| Ex dividend date | 08 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.11 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
COSCO SHIPPING Development (HKG:2866) Has Announced That Its Dividend Will Be Reduced To CN¥0.0351
Jul 03
Returns On Capital At COSCO SHIPPING Development (HKG:2866) Have Hit The Brakes
Jun 10Subdued Growth No Barrier To COSCO SHIPPING Development Co., Ltd. (HKG:2866) With Shares Advancing 27%
May 13COSCO SHIPPING Development (HKG:2866) Use Of Debt Could Be Considered Risky
Mar 15COSCO SHIPPING Development (HKG:2866) Is Doing The Right Things To Multiply Its Share Price
Feb 17COSCO SHIPPING Development (HKG:2866) Use Of Debt Could Be Considered Risky
Sep 26COSCO SHIPPING Development's (HKG:2866) Returns On Capital Are Heading Higher
Aug 22COSCO SHIPPING Development (HKG:2866) Has No Shortage Of Debt
Jun 24There's Been No Shortage Of Growth Recently For COSCO SHIPPING Development's (HKG:2866) Returns On Capital
May 10A Look At The Intrinsic Value Of COSCO SHIPPING Development Co., Ltd. (HKG:2866)
Mar 06Is COSCO SHIPPING Development (HKG:2866) Using Too Much Debt?
Jan 26Returns At COSCO SHIPPING Development (HKG:2866) Are On The Way Up
Dec 18Here's Why COSCO SHIPPING Development (HKG:2866) Has A Meaningful Debt Burden
Oct 04Returns At COSCO SHIPPING Development (HKG:2866) Are On The Way Up
Sep 15A Look At The Intrinsic Value Of COSCO SHIPPING Development Co., Ltd. (HKG:2866)
Aug 22Is COSCO SHIPPING Development (HKG:2866) A Risky Investment?
Jun 20COSCO SHIPPING Development's (HKG:2866) Returns On Capital Are Heading Higher
May 31Estimating The Fair Value Of COSCO SHIPPING Development Co., Ltd. (HKG:2866)
May 13I Ran A Stock Scan For Earnings Growth And COSCO SHIPPING Development (HKG:2866) Passed With Ease
Apr 06COSCO SHIPPING Development (HKG:2866) Shareholders Will Want The ROCE Trajectory To Continue
Dec 14Should You Be Adding COSCO SHIPPING Development (HKG:2866) To Your Watchlist Today?
Oct 25COSCO SHIPPING Development (HKG:2866) Is Experiencing Growth In Returns On Capital
Sep 06Do COSCO SHIPPING Development's (HKG:2866) Earnings Warrant Your Attention?
Jul 25There's Been No Shortage Of Growth Recently For COSCO SHIPPING Development's (HKG:2866) Returns On Capital
Jun 01Here's Why We Think COSCO SHIPPING Development (HKG:2866) Is Well Worth Watching
Apr 26What To Know Before Buying COSCO SHIPPING Development Co., Ltd. (HKG:2866) For Its Dividend
Jan 17
How Much Of COSCO SHIPPING Development Co., Ltd. (HKG:2866) Do Institutions Own?
Jan 01At HK$1.20, Is It Time To Put COSCO SHIPPING Development Co., Ltd. (HKG:2866) On Your Watch List?
Dec 17COSCO SHIPPING Development (HKG:2866) Shareholders Booked A 36% Gain In The Last Year
Dec 02What Do The Returns At COSCO SHIPPING Development (HKG:2866) Mean Going Forward?
Nov 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2866 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2866 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| COSCO SHIPPING Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2866) | 3.3% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Trade Distributors) | 4.9% |
| Analyst forecast in 3 Years (2866) | n/a |
Notable Dividend: 2866's dividend (3.31%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.31%).
High Dividend: 2866's dividend (3.31%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.99%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.7%), 2866's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2866 is paying a dividend but the company has no free cash flows.