COSCO SHIPPING Ports Dividend
Dividend criteria checks 2/6
COSCO SHIPPING Ports is a dividend paying company with a current yield of 6.27% that is well covered by earnings.
Key information
6.3%
Dividend yield
40%
Payout ratio
Industry average yield | 6.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | HK$0.292 |
Earnings per share | HK$0.088 |
Dividend yield forecast in 3Y | 7.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1199's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1199's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
COSCO SHIPPING Ports Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1199) | 6.3% |
Market Bottom 25% (HK) | 3.4% |
Market Top 25% (HK) | 8.2% |
Industry Average (Infrastructure) | 6.4% |
Analyst forecast in 3 Years (1199) | 7.7% |
Notable Dividend: 1199's dividend (6.27%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.45%).
High Dividend: 1199's dividend (6.27%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40%), 1199's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.8%), 1199's dividend payments are not well covered by cash flows.