CSSC (Hong Kong) Shipping Dividend
Dividend criteria checks 3/6
CSSC (Hong Kong) Shipping is a dividend paying company with a current yield of 8.57% that is well covered by earnings.
Key information
8.6%
Dividend yield
39%
Payout ratio
| Industry average yield | 7.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$0.31 |
| Dividend yield forecast in 3Y | 10.8% |
Recent dividend updates
CSSC (Hong Kong) Shipping (HKG:3877) Has Announced That It Will Be Increasing Its Dividend To HK$0.07
Jun 05
CSSC (Hong Kong) Shipping (HKG:3877) Will Pay A Dividend Of HK$0.03
Sep 12Recent updates
CSSC (Hong Kong) Shipping Company Limited (HKG:3877) Looks Inexpensive But Perhaps Not Attractive Enough
Apr 30Insufficient Growth At CSSC (Hong Kong) Shipping Company Limited (HKG:3877) Hampers Share Price
Jan 03CSSC (Hong Kong) Shipping (HKG:3877) Has Announced That It Will Be Increasing Its Dividend To HK$0.07
Jun 05CSSC (Hong Kong) Shipping (HKG:3877) Will Pay A Dividend Of HK$0.03
Sep 12CSSC (Hong Kong) Shipping (HKG:3877) Is Due To Pay A Dividend Of HK$0.06
Jun 01CSSC (Hong Kong) Shipping (HKG:3877) Is Due To Pay A Dividend Of HK$0.03
Aug 29Is CSSC (Hong Kong) Shipping Company Limited (HKG:3877) The Right Choice For A Smart Dividend Investor?
Apr 28Investors Who Bought CSSC (Hong Kong) Shipping (HKG:3877) Shares A Year Ago Are Now Up 11%
Mar 15Here's How We Evaluate CSSC (Hong Kong) Shipping Company Limited's (HKG:3877) Dividend
Dec 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3877 has been paying a dividend for less than 10 years.
Growing Dividend: 3877's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| CSSC (Hong Kong) Shipping Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3877) | 8.6% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Diversified Financial) | 7.4% |
| Analyst forecast in 3 Years (3877) | 10.8% |
Notable Dividend: 3877's dividend (8.57%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 3877's dividend (8.57%) is in 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 (38.7%), 3877's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3877 is paying a dividend but the company has no free cash flows.