CSSC (Hong Kong) Shipping Company Limited

SEHK:3877 Stock Report

Market Cap: HK$10.3b

CSSC (Hong Kong) Shipping Dividend

Dividend criteria checks 2/6

CSSC (Hong Kong) Shipping is a dividend paying company with a current yield of 7.27% that is well covered by earnings.

Key information

7.3%

Dividend yield

34%

Payout ratio

Industry average yield7.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareHK$0.120
Earnings per shareHK$0.35
Future Dividend Yield9.7%

Recent dividend updates

CSSC (Hong Kong) Shipping (HKG:3877) Has Affirmed Its Dividend Of HK$0.03

Oct 02
CSSC (Hong Kong) Shipping (HKG:3877) Has Affirmed Its Dividend Of HK$0.03

CSSC (Hong Kong) Shipping (HKG:3877) Is Increasing Its Dividend To HK$0.09

Jun 19
CSSC (Hong Kong) Shipping (HKG:3877) Is Increasing Its Dividend To HK$0.09

Recent updates

CSSC (Hong Kong) Shipping (HKG:3877) Has Affirmed Its Dividend Of HK$0.03

Oct 02
CSSC (Hong Kong) Shipping (HKG:3877) Has Affirmed Its Dividend Of HK$0.03

The Market Doesn't Like What It Sees From CSSC (Hong Kong) Shipping Company Limited's (HKG:3877) Earnings Yet

Sep 10
The Market Doesn't Like What It Sees From CSSC (Hong Kong) Shipping Company Limited's (HKG:3877) Earnings Yet

CSSC (Hong Kong) Shipping (HKG:3877) Is Increasing Its Dividend To HK$0.09

Jun 19
CSSC (Hong Kong) Shipping (HKG:3877) Is Increasing Its Dividend To HK$0.09

CSSC (Hong Kong) Shipping Company Limited (HKG:3877) Looks Inexpensive But Perhaps Not Attractive Enough

Apr 30
CSSC (Hong Kong) Shipping Company Limited (HKG:3877) Looks Inexpensive But Perhaps Not Attractive Enough

Insufficient Growth At CSSC (Hong Kong) Shipping Company Limited (HKG:3877) Hampers Share Price

Jan 03
Insufficient Growth At CSSC (Hong Kong) Shipping Company Limited (HKG:3877) Hampers Share Price

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) Has Announced That It Will Be Increasing Its Dividend To HK$0.07

CSSC (Hong Kong) Shipping (HKG:3877) Will Pay A Dividend Of HK$0.03

Sep 12
CSSC (Hong Kong) Shipping (HKG:3877) Will Pay A Dividend Of HK$0.03

CSSC (Hong Kong) Shipping (HKG:3877) Is Due To Pay A Dividend Of HK$0.06

Jun 01
CSSC (Hong Kong) Shipping (HKG:3877) Is Due To Pay A Dividend Of HK$0.06

CSSC (Hong Kong) Shipping (HKG:3877) Is Due To Pay A Dividend Of HK$0.03

Aug 29
CSSC (Hong Kong) Shipping (HKG:3877) Is Due To Pay A Dividend Of HK$0.03

Is CSSC (Hong Kong) Shipping Company Limited (HKG:3877) The Right Choice For A Smart Dividend Investor?

Apr 28
Is CSSC (Hong Kong) Shipping Company Limited (HKG:3877) The Right Choice For A Smart Dividend Investor?

Investors Who Bought CSSC (Hong Kong) Shipping (HKG:3877) Shares A Year Ago Are Now Up 11%

Mar 15
Investors Who Bought CSSC (Hong Kong) Shipping (HKG:3877) Shares A Year Ago Are Now Up 11%

Here's How We Evaluate CSSC (Hong Kong) Shipping Company Limited's (HKG:3877) Dividend

Dec 22
Here's How We Evaluate CSSC (Hong Kong) Shipping Company Limited's (HKG:3877) Dividend

Stability 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
How does 3877 dividend yield compare to the market?
SegmentDividend Yield
Company (3877)7.3%
Market Bottom 25% (HK)3.2%
Market Top 25% (HK)7.9%
Industry Average (Diversified Financial)7.9%
Analyst forecast (3877) (up to 3 years)9.7%

Notable Dividend: 3877's dividend (7.27%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.23%).

High Dividend: 3877's dividend (7.27%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.92%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (34.4%), 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.


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