COSCO SHIPPING Development Dividend
Dividend criteria checks 2/6
COSCO SHIPPING Development is a dividend paying company with a current yield of 4.17% that is well covered by earnings.
Key information
4.2%
Dividend yield
31%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.10 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CITA.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CITA.F has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
COSCO SHIPPING Development Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CITA.F) | 4.2% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Trade Distributors) | 1.6% |
Analyst forecast in 3 Years (CITA.F) | n/a |
Notable Dividend: CITA.F's dividend (4.17%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: CITA.F's dividend (4.17%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.7%), CITA.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CITA.F is paying a dividend but the company has no free cash flows.