COSCO SHIPPING Energy Transportation Co., Ltd.

SHSC:1138 Stock Report

Market Cap: HK$57.6b

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 Yield5.5%
Future Dividend Yield8.9%
Dividend Growth2.5%
Next dividend pay date13 Dec 24
Ex dividend date18 Nov 24
Dividend per shareHK$0.377
Payout ratio55%

Recent dividend and buyback updates

Recent updates

Upcoming Dividend Payment

TodayNov 13 2024Ex Dividend DateNov 18 2024Dividend Pay DateDec 13 202425 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

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?
SegmentDividend 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.


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