COSCO SHIPPING Development Dividend
Dividend criteria checks 2/6
COSCO SHIPPING Development is a dividend paying company with a current yield of 3.79% that is well covered by earnings.
Key information
3.8%
Dividend yield
30%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$0.00443 |
Earnings per share | US$0.11 |
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) | 3.8% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.4% |
Industry Average (Trade Distributors) | 1.5% |
Analyst forecast in 3 Years (CITA.F) | n/a |
Notable Dividend: CITA.F's dividend (3.79%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: CITA.F's dividend (3.79%) is low compared to the top 25% of dividend payers in the US market (4.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.7%), 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.