COSCO SHIPPING Holdings Dividend
Dividend criteria checks 3/6
COSCO SHIPPING Holdings is a dividend paying company with a current yield of 3.79% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
3.8%
Dividend yield
51%
Payout ratio
Industry average yield | 4.3% |
Next dividend pay date | 28 Jun 24 |
Ex dividend date | 31 May 24 |
Dividend per share | n/a |
Earnings per share | HK$1.47 |
Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1919 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1919 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
COSCO SHIPPING Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1919) | 3.8% |
Market Bottom 25% (HK) | 3.1% |
Market Top 25% (HK) | 7.5% |
Industry Average (Shipping) | 4.3% |
Analyst forecast in 3 Years (1919) | 4.1% |
Notable Dividend: 1919's dividend (3.79%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.14%).
High Dividend: 1919's dividend (3.79%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.53%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.7%), 1919's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.4%), 1919's dividend payments are covered by cash flows.