COSCO SHIPPING Holdings Dividends and Buybacks
Dividend criteria checks 4/6
COSCO SHIPPING Holdings is a dividend paying company with a current yield of 6.65% that is well covered by earnings.
Key information
6.6%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 7.2% |
| Future Dividend Yield | 5.1% |
| Dividend Growth | -21.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.822 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CICO.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CICO.F has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| COSCO SHIPPING Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CICO.F) | 6.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Shipping) | 5.7% |
| Analyst forecast (CICO.F) (up to 3 years) | 5.1% |
Notable Dividend: CICO.F's dividend (6.65%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: CICO.F's dividend (6.65%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.2%), CICO.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.6%), CICO.F's dividend payments are well covered by cash flows.