COSCO SHIPPING Energy Transportation Dividend
Dividend criteria checks 3/6
COSCO SHIPPING Energy Transportation is a dividend paying company with a current yield of 4.05% that is well covered by earnings.
Key information
4.0%
Dividend yield
48%
Payout ratio
Industry average yield | 7.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | HK$0.73 |
Dividend yield forecast in 3Y | 7.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1138 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1138's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
COSCO SHIPPING Energy Transportation Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1138) | 4.0% |
Market Bottom 25% (HK) | 3.2% |
Market Top 25% (HK) | 8.0% |
Industry Average (Oil and Gas) | 7.0% |
Analyst forecast in 3 Years (1138) | 7.6% |
Notable Dividend: 1138's dividend (4.05%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 1138's dividend (4.05%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.95%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.8%), 1138's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.2%), 1138's dividend payments are well covered by cash flows.