COSCO SHIPPING Ports Dividend
Dividend criteria checks 3/6
COSCO SHIPPING Ports is a dividend paying company with a current yield of 6.2% that is well covered by earnings. Next payment date is on 21st November, 2024 with an ex-dividend date of 11th September, 2024.
Key information
6.2%
Dividend yield
40%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 21 Nov 24 |
| Ex dividend date | 11 Sep 24 |
| Dividend per share | US$0.0373 |
| Earnings per share | US$0.085 |
| Dividend yield forecast | 7.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CSPK.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: CSPK.F's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| COSCO SHIPPING Ports Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CSPK.F) | 6.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Infrastructure) | 3.1% |
| Analyst forecast (CSPK.F) (up to 3 years) | 7.3% |
Notable Dividend: CSPK.F's dividend (6.2%) is higher than the bottom 25% of dividend payers in the US market (1.41%).
High Dividend: CSPK.F's dividend (6.2%) is in the top 25% of dividend payers in the US market (4.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.1%), CSPK.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (234%), CSPK.F's dividend payments are not well covered by cash flows.