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 5.62% 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 | 5.6% |
| Future Dividend Yield | 9.0% |
| Dividend Growth | 2.6% |
| 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
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1138) | 5.6% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Oil and Gas) | 8.1% |
| Analyst forecast (1138) (up to 3 years) | 9.0% |
Notable Dividend: 1138's dividend (5.62%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 1138's dividend (5.62%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
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.