COSCO SHIPPING Ports Dividends and Buybacks
Dividend criteria checks 3/6
COSCO SHIPPING Ports is a dividend paying company with a current yield of 6.59% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 12th September, 2024.
Key information
6.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 7.6% |
| Dividend Growth | 7.0% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 12 Sep 24 |
| Dividend per share | US$0.0373 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CSPK.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: CSPK.Y'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.Y) | 6.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Infrastructure) | 3.2% |
| Analyst forecast (CSPK.Y) (up to 3 years) | 7.6% |
Notable Dividend: CSPK.Y's dividend (6.59%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: CSPK.Y's dividend (6.59%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.8%), CSPK.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (239.6%), CSPK.Y's dividend payments are not well covered by cash flows.