Pacific Basin Shipping Dividends and Buybacks
Dividend criteria checks 4/6
Pacific Basin Shipping is a dividend paying company with a current yield of 6.19% that is well covered by earnings.
Key information
6.2%
Dividend yield
2.4%
Buyback Yield
| Total Shareholder Yield | 8.6% |
| Future Dividend Yield | 10.0% |
| Dividend Growth | 22.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.098 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Recent updates
Market Participants Recognise Pacific Basin Shipping Limited's (HKG:2343) Earnings
Dec 24
When Should You Buy Pacific Basin Shipping Limited (HKG:2343)?
Oct 07Investors Interested In Pacific Basin Shipping Limited's (HKG:2343) Earnings
Sep 20There May Be Reason For Hope In Pacific Basin Shipping's (HKG:2343) Disappointing Earnings
Aug 30Pacific Basin Shipping's (HKG:2343) Returns On Capital Are Heading Higher
Jun 12Is It Too Late To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
May 28Pacific Basin Shipping Limited's (HKG:2343) P/S Is Still On The Mark Following 30% Share Price Bounce
May 09Shareholders May Not Be So Generous With Pacific Basin Shipping Limited's (HKG:2343) CEO Compensation And Here's Why
Apr 12Earnings Miss: Pacific Basin Shipping Limited Missed EPS By 22% And Analysts Are Revising Their Forecasts
Mar 04Is It Time To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
Feb 13Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger
Jan 26Pacific Basin Shipping (HKG:2343) Has A Pretty Healthy Balance Sheet
Dec 11Are Investors Undervaluing Pacific Basin Shipping Limited (HKG:2343) By 41%?
Nov 28Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger
Oct 20These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Reasonably Well
Aug 27Is It Too Late To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
Aug 11Pacific Basin Shipping (HKG:2343) Is Achieving High Returns On Its Capital
May 16We Think Pacific Basin Shipping (HKG:2343) Can Stay On Top Of Its Debt
Apr 28Should You Investigate Pacific Basin Shipping Limited (HKG:2343) At HK$3.25?
Apr 13Under The Bonnet, Pacific Basin Shipping's (HKG:2343) Returns Look Impressive
Feb 04Is Pacific Basin Shipping Limited (HKG:2343) Potentially Undervalued?
Dec 29Is Pacific Basin Shipping (HKG:2343) Using Too Much Debt?
Dec 13Pacific Basin Shipping (HKG:2343) Is Very Good At Capital Allocation
Oct 23Is There Now An Opportunity In Pacific Basin Shipping Limited (HKG:2343)?
Sep 16Pacific Basin Shipping (HKG:2343) Seems To Use Debt Rather Sparingly
Sep 01Why We Like The Returns At Pacific Basin Shipping (HKG:2343)
Jun 22Is There Now An Opportunity In Pacific Basin Shipping Limited (HKG:2343)?
Jun 05These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Safely
Apr 05Pacific Basin Shipping's (HKG:2343) Promising Earnings May Rest On Soft Foundations
Mar 18Returns on Capital Paint A Bright Future For Pacific Basin Shipping (HKG:2343)
Feb 28Is It Time To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
Dec 23Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2343's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2343's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Pacific Basin Shipping Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2343) | 6.2% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Shipping) | 6.5% |
| Analyst forecast (2343) (up to 3 years) | 10.0% |
Notable Dividend: 2343's dividend (6.19%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.33%).
High Dividend: 2343's dividend (6.19%) 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 reasonably low payout ratio (44.6%), 2343's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.1%), 2343's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 05:23 |
| End of Day Share Price | 2025/01/28 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Pacific Basin Shipping Limited is covered by 28 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jonathan Windham | Barclays |
| Chun Lam | BOCI Research Ltd. |
| Nathan Gee | BofA Global Research |