COSCO SHIPPING Development Dividends and Buybacks
Dividend criteria checks 2/6
COSCO SHIPPING Development is a dividend paying company with a current yield of 3.9% that is well covered by earnings.
Key information
3.9%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.0414 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
COSCO SHIPPING Development Co., Ltd.'s (HKG:2866) 39% Price Boost Is Out Of Tune With Earnings
Oct 07
Investors Can Find Comfort In COSCO SHIPPING Development's (HKG:2866) Earnings Quality
Sep 06COSCO SHIPPING Development (HKG:2866) Has Announced That Its Dividend Will Be Reduced To CN¥0.0351
Jul 03Returns 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 25Stability 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's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| COSCO SHIPPING Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2866) | 3.9% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Trade Distributors) | 5.6% |
| Analyst forecast (2866) (up to 3 years) | n/a |
Notable Dividend: 2866's dividend (3.9%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 2866's dividend (3.9%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.6%), 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.