COSCO SHIPPING Energy Transportation Dividends and Buybacks
Dividend criteria checks 3/6
COSCO SHIPPING Energy Transportation is a dividend paying company with a current yield of 5.58% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 18th November, 2024.
Key information
5.6%
Dividend yield
-0.03%
Buyback Yield
Total Shareholder Yield
5.5%
Future Dividend Yield
8.9%
Dividend Growth
2.5%
Next dividend pay date
13 Dec 24
Ex dividend date
18 Nov 24
Dividend per share
HK$0.377
Payout ratio
55%
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1138's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1138's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
COSCO SHIPPING Energy Transportation Dividend Yield vs Market
How does 1138 dividend yield compare to the market?
Segment
Dividend Yield
Company (1138)
5.6%
Market Bottom 25% (HK)
3.2%
Market Top 25% (HK)
8.0%
Industry Average (Oil and Gas)
8.0%
Analyst forecast (1138) (up to 3 years)
8.9%
Notable Dividend: 1138's dividend (5.58%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.12%).
High Dividend: 1138's dividend (5.58%) 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 reasonable payout ratio (54.7%), 1138's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (337.8%), 1138's dividend payments are not well covered by cash flows.